Buying Your First Home
The decision to buy a home is a major milestone in life. Home ownership is exciting, emotional, wealth building and practical. You can not wait to get started on making that first purchase that you will remember the rest of your life and all of a sudden you stop dead in your tracks. You think to yourself: How Do I do this? Who should I talk to? Where do I start?
Let's start at the beginning. The decision to buy rather than rent is huge. Your house and home is an asset as step in wealth building.. It is also where you will raise your family. Home...the thought is emotional and practical at the same time.
It takes a village to get to the closing table, and you will want to start with a lender and a Realtor. Your lender will be able to guide you during the financing process, your Realtor will be able to guide you during the selection as well as the purchase and closing process. Knowing your budget and what you can spend on a home comes first. Then your agent can help you find the right home. How to begin? Think about this:
Location: Think about your commute to work, the schools in the area, nearby shopping, entertainment and walk scores too.
Amenities: Clubhouse, on or near a golf course, close to the mall. What meets your interests and needs? A library near by for one and a cinima complex for another.
Style: Condo, Townhome or Single Family?
How Much can I afford?
The answers to these questions are important, as you talk about your decision to become a homeowner and investigate your needs you will want to find the right Realtor. A well qualified professional has an entire team put together to make your journey smooth. The steps start with loan qualification and end at the closing table. In between you will find lenders, home inspectors, insurance companies, movers and title agents. Realtors know professionals and are able to give you at least 3 contacts in each field that you will need, the decision is yours as to who you choose to hire.
Congratulations to you for making the important decision to become a homeowner. Your home will be one of your most important assets as well as the hearth and center for your family.
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