Closing on a new home can be one of your most memorable life moments. It’s the final and one of the most critical stages in the home-buying journey, but with the exchange of key paperwork and a sizable down payment, it can also be a stressful experience, especially for first-time homebuyers.
Selling your first home to purchase your “forever home” is exciting! When you bought your first home you were probably young, low on cash and had to give up some amenities to afford your own place. Now, you are older, most likely have some savings to work with and are ready to move into a home that is as unique as your needs and lifestyle. Here are a few suggestions that will help you find your forever home.
A good investment is something that will pay you more money than you paid for it. To turn your first home purchase into a money maker, it is important to crunch the numbers before you shop. Follow our guidelines to fine-tune your purchasing power and start making smart financial moves.
According to the National Association of Realtors, roughly 27 percent of all homebuyers are single. The truth about homeownersiip is, that it is for anybody, regardless of their marital status. It is obvious that now, more than ever, all individuals should feel empowered and enabled to pursue home ownership.
Between student loan and credit card debt, the rise in living costs, low real estate supply and heavy demand, the homes and cities we live in aren’t getting any cheaper. We understand the unique situations and financial hurdles that many of our millennial homebuyers experience.
Nothing is more exciting than shopping for your first home. However, we want to make sure that you don’t miss the first and most important step in the homebuying process—contacting a loan originator. This first step is crucial and will not only help you understand which loans you qualify for, but will also make you more attractive to real estate agents and sellers.