Budgeting for my First Home Purchase
The topic f discussion today was a questions asked by one of my Friends on Facebook. I am thinking of starting the home search and was curious if you could share some budgeting ideas, tips and information for a first time buyer.
I thought this was great question. As a first time buyer there are many things to consider in terms of budgeting. Outside of your monthly mortgage you are now going to have to pay real estate taxes and home owners insurance. These may be all in one payment or you may pay them separately. This is something you want to discuss with your lender. IF you are currently not paying rent you will also have to consider utilities heat, electric cable. Also, although most homes are in move in condition you will want to consider having a reserve in case a repair comes up (heat, roof) or if you want to make some changes once you move in whether it be p[painting, changing windows. etc.
Cidalia Mendonca Matukas
www.HomesbyCidalia.com
Keller Williams Realty
Cell: 781-389-7252
Office: 774-568-0007
Please check out My YouTube page and see how I get homes sold, and testimonials of past clients!
http://www.youtube.com/user/CidaliaMatukas
http://localism.com/neighbor/matukas
http://www.facebook.com/people/Cidalia-Mendonca-Matukas/1... Friend me on facebook
Cidalia Mendonca Matukas
www.HomesbyCidalia.com
Keller Williams Realty
Cell: 781-389-7252
Office: 774-568-0007
Please check out My YouTube page and see how I get homes sold, and testimonials of past clients!
http://www.youtube.com/user/CidaliaMatukas
http://localism.com/neighbor/matukas
http://www.facebook.com/people/Cidalia-Mendonca-Matukas/1384876351 Friend me on facebook
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