Things To Know Before You Buy A House May 2026

: Nearly 44% of homes now have HOA fees. Watch out for "special assessments"—one-time large fees for major community repairs—and capital contributions required at closing.

Don't let a "fresh flip" distract you from structural reality. In 2026, be wary of: First-Time Home Buyer Advice and Preparation for 2026 things to know before you buy a house

: Expect to pay 2% to 5% of the purchase price in fees (lender, title, and escrow) to finalize the sale. 2. Modern Red Flags: What to Spot in 60 Seconds : Nearly 44% of homes now have HOA fees