Buyer’s Guide
Buying a home requires a lot of planning, and
we’re here to help the process run smoothly.
Things to Consider Before You Buy
Buying a home can be one of the largest purchases in your life and should not be taken lightly. Whether you’re a first-time buyer or this is your fourth or fifth home, there are many factors to consider before investing in a new home.
The top things you should consider before purchasing a home are your financial situation, job security, max budget, and if you have enough for a down payment. Other things to think about are the emotional status of you and your family, mortgage rates, the current market, supply and demand, and how long you plan on staying in a home because real estate is a long-term investment. Make sure to thoroughly think over these factors before making such a big decision!
Which Type of Home Should I Buy?
There are many housing options for small to large families, couples, or singles! Choosing the right home for you can be a stressful decision, but we’re here to help!
Firstly, you must know all your options as you have a few. There are new construction homes, single-family homes, multi-family homes, condos, and townhomes. Choosing the right fit comes down to the pros and cons of each.
New construction is great for those who don’t want bidding wars but want control over the home-building process to make it customizable. Pre-con is also for those who want to live in modern homes with new materials and energy-efficient appliances. The only cons of this type of dwelling are the waiting periods buyers must face until they move in, but overall new construction is a great option!
Other options include single-family and multi-family homes that are ideal for families. Multi-family homes are where one person owns about 4-5 units, like a duplex, which are great for those who need extra rent from the other units to pay off their mortgage. There are also condos and townhouses, which can be more affordable for smaller families, couples, and singles! Remember to consider all your options.