FIRST TIME HOME BUYING
As a First Time Home Buyer, your dream may be owning a home, however in order for the purchase to be the happy and satisfying experience that it was meant to be, you will need to ensure you are financially and mentally prepared for those responsibilities that come along with it.
Some individuals have the notion that owning a home is like renting, but with the option to have pets and to decorate the home anyway you like. While these privileges are available to homeowners in most municipalities they do however come with the responsibilities of a mortgage, property taxes and home maintenance. In preparation for being a homeowner as a First Time Home Buyer you are required to take critical stock of all your finances and your expectations.
QUESTIONS FOR PROSPECTIVE HOMEOWNERS
- Are you ready to buy?
- How much can you afford?
- What is your debt-to-income ratio?
- What do you want?
Get answers to these questions and many more in Rick Clarke’s First Time Home Buyer’s Guide!!!