Buying a home in Cohoes NY is no easy task. From choosing a property to looking for a reliable Realtor®, you have to consider a lot of things before pulling the switch.
While home shopping can be fun, you should never forget to think through your finances and many other factors before making a leap into ownership. Since homeownership is one of the biggest financial decisions you will ever make in your life, there are certain things you should absolutely know before making a purchase.
Here are the things you should know if you are looking to buy a home in Cohoes:
Don’t Focus on Your Life Today
One of the biggest mistakes homebuyers commit nowadays is snapping up a home, thinking that the life they live today is the same as the life they’ll live tomorrow. Homeownership is a huge financial commitment so before you buy any property, consider your long-term plans.
Don’t look for Colonie NY homes for sale if you’re planning to get a job in Cohoes NY. If you plan to leave your current job in Colonie and apply for a more secure job in Cohoes, then you should find a home in Cohoes and not in Colonie.
Homes for sale in Cohoes NY are ideal for workers since the city is home to several manufacturing companies. If you are a nature lover, you’ll also love it here since it’s home to the world-famous Cohoes Falls and the historic Van Schaick Mansion.
Remember that Homeownership Means Commitment
I can never stress enough how homeownership is pretty much about commitment. When you buy a home, you commit a fixed budget to mortgage payments, which you must be able to pay for years. If you don’t think you are in a position to do that, then you might have to set aside your homeownership plans for now.
Choose a House You Can Afford
When it comes to homeownership, you can never look through the subject of finances. By “finances,” I don’t necessarily mean the amount of cash you have on hand before buying a home.
The price of a home you can afford depends on several factors, including your projected income years from the date of your purchase, interest rates, types of mortgage and the market. You may need a mortgage broker to shed light on these things.
You Can Never Go Wrong with a Reliable Realtor®
Since some home buyers tend to think that getting a Realtor® to assist them will only drive up the overall cost of their purchase, they go through the process alone. What they don’t understand is that a trusted Realtor® can actually help them save money by protecting their interests throughout the process.
There are a lot of good reasons to own the roof over your head, but since it involves a huge amount of money, you can’t afford to go wrong when making this major decision.
If you need help with your homeownership plans, call me at 518-785-9900 and I’ll help you make smart decisions. I am Dawn McCurdy and I am one of Cohoes’ top Realtors®. Buying a home won’t be as stressful as you think if you let me walk you through the entire home-buying process!
In case you can not view this video here, please click the link below to view 🏠 Tips to Help You Find Your Cohoes NY Dream Home on my YouTube channel: https://youtu.be/AcP8fX8UEgg