Who pays for the regular maintenance of the property?

You are responsible for the upkeep of the property. You will be the direct benefactor from any improvements that you make – it will increase the value of your investment, so you are responsible for the property’s maintenance. Please remember that all homes need regular ongoing maintenance, so you should budget accordingly when considering the monthly payments.  When you first picked this home, you would have called a home inspector and know exactly what is required for that home in advance.

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