Things Keep in Mind When Buying a New Home

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Things to keep in Mind While Buying A New Home
The Process and Options Presented by Jennifer
Popo Real Estate Sales Representitve
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First Time Home Buyer's Mistakes to Avoid

• Buying a home can be both exciting and
  overwhelming for the first-time homebuyer.
• If you've decided to take the plunge into home
  ownership and have already started the search
  process, make sure you're not making some common
  first-time homebuyer mistakes.

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Search For Your Dream Home

• Save yourself the disappointment of not being
  able to afford the home of your dreams by getting
  prequalified for your loan before you start house
  hunting.
• The amount you are preapproved for will help you
  create a realistic budget for your home search.

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Delaying The Buying Process

• If you really are ready to make the commitment
  for home ownership, talk to a lender about
  securing a loan at an adjustable rate instead of
  a fixed rate.

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Thinking Short Term

• A first-time homebuyer, the idea of selling your
  home in the near future probably isn't at the top
  of the priority list, but it should be.
• Hold off on buying the super charming or quirky
  house until you are financially established and
  can afford the charm.

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Making An Emotional Decision

• You want to make sure you're investing in a home
  that will offer you a good return on your
  investment and ideally has a good resale value.
• While the right home for you is a matter of
  personal preference and affordability, you need
  to separate your emotions from the decision
  before signing the contract.

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Overlooking Hidden Costs

• If you are buying an older home, you may end up
  needing money to cover the cost of repairs and
  renovations.
• While the selling price can give you a fair idea
  of what you will be investing for your home, you
  also need to look at all of the extra costs
  required to maintain your home and cover property
  taxes.

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For More Information
Jennifer Popo homes free evaluation service
will help you find the right house. For more
information, visit our website
http//jenniferpopo.com You can also contact us
at 416-910-1874