Savvy buyers plan ahead for these expenses so they can come into the process prepared. Freddie Mac sums it up like this:
“If you’re in the market to buy a home, your down payment is probably top of mind. And rightly so – it’s likely the biggest cost of homebuying. However, it is not the only cost and it’s critical you understand all your expenses before diving in. The more prepared you are for your down payment, closing, and other costs, the smoother your homebuying journey will be.”
Source: https://www.simplifyingthemarket.com/en/2022/04/05/what-you-need-to-budget-for-when-buying-a-home/