The decision to pursue homeownership may be based on many factors: everything from a friend’s decision to purchase a home or a family member’s advice against “throwing your money away on rent” to your bad experience with a landlord or the noisy neighbors sharing your wall. While all of those scenarios (minus peer pressure, of course) may inspire valid arguments for considering the purchase of a home, how do you determine if you’re genuinely ready to join the ranks of homeowners? After all, buying a home is a massive decision and includes multiple, long-term financial and lifestyle obligations. The average person spends around 1/3 of their income on their home. You’ll still need to do the work to make sure your personal finances and holistic life picture are also in alignment before you buy, as well of the work it takes to ensure that your real estate and mortgage decisions are sustainable and smart, over the long-term. A good Buyer’s Agent is invaluable to a Buyer, and can be the difference between a wonderful transaction, and a nightmare. Here is an interesting article worth a few minutes of your time:

 



Time Magazine
Why this may be the ideal time to buy real estate
For home buyers thinking about making a move on a piece of property, right now is possibly the best time. Buyers can still take advantage of low prices in most places around the country, and mortgage rates are at once-in-a-lifetime record lows...


 

Read the full story.

                       

 

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Call Frank,  Buy or Sell with CONFIDENCE & KNOWLEDGE

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Broker, Agent, or/and MLS provider does not guarantee the accuracy of: 1- the reports, charts, articles, and also the information from links to other websites. 2- Square footage, lot size or other information regarding the conditions or features of properties provided by the seller or obtained from Public Records or other sources as presented in this website. Many articles may be time and date sensitive so please always look at the date posted. Consult your tax advisor, financial planner, attorney, or/and appropriate professionals concerning your personal specifics. Interested parties are advised to independently verify the accuracy.                                                            

                                                          Frank Moham  DRE LIC. #01353757

 

 

 

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Posted by Frank Moham, ABR®, ePRO®, TRC®, SFR®, REALTOR® on 06/08/2012 12:40 PM   Comments (0)   Home Buying Tips in the Home Buying Channel   why this may be the ideal time to buy real estate  
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Frank Moham, ABR®, ePRO®, TRC®, SFR®, REALTOR®

Newport Beach, CA

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