It's National Homeownership Month in June and here's Reason #3 why you should own your own home:
YOU WANT MORE LIVING SPACE TO MOVE AROUND
If you increasingly feel like that proverbial "goldfish in a bowl" and are running out of space, it may be time to consider buying your own home--especially now, while interest rates are still very low and homes reasonably affordable.
If you are considering buying your own home to increase your living space, here are some considerations to keep in mind:
Family Size: is your family growing? How fast is it growing? Will you need to accommodate the needs of an elderly parent at any time in the forseeable future? You want to be sure you don't grow out of your "new" space too quickly. When thinking about family size and needs, think in terms of at least a 7 to 10 year time frame.
Your Lifestyle: do you entertain alot? Do you have frequent of out-of-town visitors? Do you specific hobbies, interests that need space? Do you work from home and need a home office?
Your Priorities: depending on your lifestyle and preferences what is most important to you? Large kitchen, bigger bedrooms, bigger entertaining space, outdoor space for kids and entertaining? Unless money is no object, you need to decide what you will or won't compromise in a home.
- Physical Considerations: is there a need for bedroom space on the main floor of a home; or do you need a home with no stairs, whatsoever or do you need wider doorways to accommodate a wheelchair? Think through any physical impediments/issues in advance so that you know your new home can serve your specific needs.
If you are considering purchasing a home in the Charlotte metro area, I would love an opportunity to earn your business, exceed your expectations, and to prove to you that:
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