Not many first time home buyers can afford to buy their dream home when they purchase their first home. According to the National Association of Realtors some 69% of first time buyers have to make some compromises on features when they buy. Buying a first home is like an investment plan. The financial advantages are that you build equity, the value may appreciate, and tax benefits that you don't get while renting. It is never a wrong time to buy the right home. You have to find a good buy, know that you have the ability to keep the property for the long term, and keep your stress at bay. A qualifed real estate agent can help this process by explaining and guiding you thru the steps from getting approved by a lender, the Agreement of Sale, inspections and settlement. Bottom line is to educate yourself as much as you can. You can email me to request a copy of First Time Buyers 8 Steps To Buying a Home.
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