Thinking about Buying your First Home
A practical look at the factors the first time home buyer needs to consider before buying a home. Determine if you will be in the home long enough to cover the buying and selling costs. Consider home features that will meet your needs now as well as in the future. Carefully consider the source from which your downpayment and closing costs will come and be aware of the additonal costs of home ownership.
From the resource: “Just how long does it take to cover the buying and selling costs? That depends on various economic factors. Most parts of the country have an average of five percent appreciation per year. In this case, you should plan on staying in your home at least three to four years to cover buying and selling costs”
First Time Home Buyer – Moving out for the First Time: Should I Rent or Buy
A practical look at the question of “rent versus buy?” for the first time home buyer, more specifically for someone who is moving on his/her own for the first time. This one minute video emphasizes the benefits of renting before buying. Advice includes renting for a while, making sure to have a solid job, saving up as much money as possible and to rent for at least a year before buying.
The Internet and real estate professionals are the top two resources most buyers turn to when searching for a home.1 When it’s not convenient for you to speak directly with a real estate professional, century21.com can help improve your overall home buying experience and provide the guidance to reduce stress, save time, and make you a savvy, successful consumer.
A CENTURY 21® Agent is ready to make a full-time commitment to help you capitalize on current market opportunities and assist you in making an informed decision.
To ensure you make the right choice for the long term, a CENTURY 21 Agent offers extensive knowledge in:
- Neighborhoods, schools and market conditions
- Mortgage specialists who can assist you with your financing
- Technology that gives them an edge, along with multiple resources available just for you