How Much House Can I Afford

Home Loan Guide For First-Time Home Buyers Shopping for your dream home can oftentimes be a pressure-filled task. More so, if you have no idea how much home you can afford. If you are a first-time home buyer, there are a few things on a loan for home buyers that you should heed. These things will help ensure that you will not weigh down yourself with a mortgage or repayment and that you can get an acceptable return. Also, by knowing your price range in advance, you can avoid looking at homes you…

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Most Common Home Buyer’s Regret

home buyers remorse

Remorse is a common feeling during home buying. For a first-time home buyer, pitfalls trap for those unprepared. Fortunately, there are many things you can learn from making mistakes. Far too many buyers fall in love on a home only to realize after moving in that they overlooked something major often leading to buyer’s remorse. Although some may still be happy with the purchase overall, there are definitely a few things they wish they would have done differently. But as we often hear, you live and you learn. Let’s look at the most common traps first-time home buyers fall into. Trying to…

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Is Buying a ‘Starter Home’ Still Smart?

buying a starter home

At the point when the Baby Boomer was venturing into adulthood, it was normal to purchase a “starter home” – a modest, small dwelling. As their families grew and careers advanced, they moved into bigger or better homes. Presently, a lot of people battle to come up with the down payment for a first home. Will it be more wise to hold up and save cash so they can buy a home that makes more long-term sense or buy a starter home and plan to remain in it for more years?…

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The Debate Between Building versus Buying A Home

build versus buy a home

Is it cheaper to build (in stages) than invest all your money into an extremely old (though charming) home? This is the classic home buyer’s conundrum. Well, it depends. It can be a lot work to build a new home, especially hard if you are inexperienced. First, you need to decide if you are up to this physically demanding task. Additionally, how much a house will cost to build is highly dependent upon where you’re building it and how much residential construction is happening in your local area. But just like buying anything else new,…

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