Hello, and welcome to another WIN video blog!

It's no secret buying and maintaining a house is expensive. Before you secure a mortgage, individuals and couples need to have their finances in order. While in the middle of this process, every expense needs to be taken into account. This includes some obligations that come from maintaining a house.

Every homeowner has to pay property taxes at least once a year. The amount you'll have to pay will vary by state, county and city. These taxes are a given and the bigger your property, the more you'll have to pay.

Utilities are another big expense that cannot be forgotten. Utility bills may be low while renting, but will increase with owning a home to the larger size.