Becoming A Homeowner On A First-Time Home Buyer's Budget

Hi Nina- I spoke to a family member a few weeks ago. She's not ready yet but she is going to talk to a lender to see what she needs to do and to save to buy a house. 

Hi Nina,

I like the house hacking idea.  The Sedona market right now has priced first-time buyers entirely out of the market.  The median price is pushing $2 million for Sedona proper.

This is good information to share with prospective home buyers.

Have a great day and a very productive week.

The past 3 years have been the hardest on first time buyers as they seldom have the resources to put down big deposits to secure a deal. Their time will come, however.

Nina this Sellers Market is tough on Buyers and even more so on first time buyers.  This Sellers Market will not last forever, but in the meantime first time buyers will have to maybe wait a little longer than they would like, and be open to some of the creative suggestions you have made.

Awesome advice Nina Hollander, Broker  I remember when my parents bought their first home and went a bit by stretching the $$$ and needless to say it paid off for them because they cut corners like my mother giving up hairdressers and my father cut her hair just to name a cost savings measure, Endre

Excellent information.Thank you for sharing. Have a wonderful day and a blessed week.

Great advice, Nina.

What tipped the scale for my original home purchase was family assistance. 

Thank you for a very well put together info piece Nina Hollander, Broker . I house hacked on my first home as it had a small built in apartment. I never would have been able to afford it if it was not for the apartment or an occasional roommate.

First time homeowners need all the advice (and help) they can get. Your column and your savvy advice gives valuable insight into steps first time homeowners can take to start the road to homeownership!