| BUYERS ROADMAP ______________________________________________________________________ |
DECIDING TO BUY
Purchasing a home is probably the biggest financial decision you will ever make.
Whether this is your first purchase or you are moving on to a different home that better
meets your needs, this decision must be made carefully.
Purchasing a home is probably the biggest financial decision you will ever make.
Whether this is your first purchase or you are moving on to a different home that better
meets your needs, this decision must be made carefully.
- 1. Why Do You Want To Buy?
Are you tired of paying rent? Have you outgrown your current home? Would you
like a larger yard? Would you rather live in a different area? Do you want to
shorten your commute? Having a clear sense of your reasons for buying will help
you choose the right home.
2. Has Your Income Grown?
Home ownership can be a very good investment. As you pay down the principal
part of your loan, you are building equity over time in addition to any market
appreciation on your property.
3. Can You Afford To Buy?
Experts recommend spending between 33-40% of your income on housing. The
tax benefits of home ownership can provide a considerable advantage over
renting. For more information and for any additional questions, please feel free to
contact me at any time.
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