Many homebuyers face surprise repair costs soon after moving in, survey shows

Econ & Housing

In this articleHIPOPixelseffect | E+ | Getty ImagesBuying a home? Don’t forget to budget for repair costs.Most homeowners (77%) have dealt with an unexpected issue that required paying for a repair in their first year of owning their house, according to a survey from insurance firm Hippo. Two-thirds of them spent more than $1,000 to…

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