The 5 Sneaky Fees Oregon First-Time Buyers Forget to Budget For

Buying your first home in Oregon is exciting—hello backyard BBQs, goodbye landlord! But between down payments and moving trucks, many first-time buyers overlook a handful of costs that can stretch the budget if you’re not ready. Here are five surprise expenses I see pop up again and again.

1. Home Inspection & Optional Specialty Inspections
   Typical Range: $450–$800 (more if you add extras)
   A standard inspection is a must, but depending on the property you might also need a sewer scope (common in older Eugene or Portland homes), a radon test (especially in the Willamette Valley), or a well or septic inspection if you’re buying rural. Pro tip: Build an inspection cushion of at least $800 so you’re covered.

2. Appraisal Fee
   Typical Range: $600–$900
   Your lender requires an independent appraisal to confirm the home’s value. Even if you have stellar credit, you pay this up front—often within days of your offer being accepted.

3. Closing Costs & Prepaids
   Typical Range: 2%–4% of the purchase price
   This bucket covers the title search, lender fees, recording fees, and prepaid property taxes and homeowner’s insurance. In a competitive market, sellers rarely cover these costs, so plan ahead.

4. HOA Dues & Transfer Fees
   Love that low-maintenance townhouse or condo? Great—but most Oregon HOAs charge monthly dues and a one-time transfer or initiation fee (often $200–$500). Ask early so you’re not surprised at signing.

5. Immediate Repairs & Move-In Essentials
   Even with a solid inspection, you’ll discover “day-one” expenses: changing locks, buying window coverings, replacing worn-out smoke detectors, or updating old appliances. Set aside at least $1,000 for those first-week surprises.

How to Stay Ahead of the Curve
• Get pre-approved early. A good lender will estimate all these costs in your Loan Estimate.
• Lean on your agent. (That’s me!) I can spot red flags—like that charming 1920s bungalow that probably needs a sewer scope.
• Pad your budget. Add 2–3% of the purchase price as a “just in case” fund.

Buying your first home should feel exciting, not stressful. A little planning for these five sneaky fees keeps you in control—and lets you focus on picking paint colors instead of pinching pennies.

Thinking about buying your first home in Oregon?
I’d love to help you create a step-by-step plan and connect you with trusted lenders, inspectors, and contractors. Contact me at www.homes4saleinoregon.com/contact or drop me a message to start your journey today!