Buying

Found 4 blog entries about Buying.

things-to-know-before-you-buy-a-home-green-mainSo you have decided to buy a home, and you have identified one that you love and you want to make an offer. You need to prepare yourself for the task ahead. The way you prepare yourself will make the process either a success or a failure. Here are three things to know before you buy a home and jump into the fray.

Determine What You Can Afford

You need to understand the home you can afford. The first thing to do is to determine your debt-to-income (DTI) ratio, which is the ratio of your expenses to what you earn at the end of every month. The aim is to help you understand how much you can pay in terms of monthly mortgage payments and remain with enough cash to survive on. Most lenders require you to have a DTI of less than 50%. Lenders understand how

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save-money-on-your-next-home-luxury-houseIt's likely your home will be the most expensive thing you'll have to buy, but that doesn't mean there aren't ways to ease the burden for your wallet. By taking a few extra steps of preparation, you'll have the tools needed to save money on your next home purchase. 

Know What You Want - Do Your Homework

You don't want to waste time with a home that doesn't have what you need, so start with your must-haves and deal-breakers. In real estate, a value item is one that adds property value. You might have your own personal preferences that add extra personal value, such as heated floors, but don't necessarily add property value. Still, if it's something you want, add it to the list for the time being.

You'll need to do some homework on the market as

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signs-ready-to-buy-a-house-textOne of the most common goals for most people is purchasing a house, whether it's your first family home or it's an investment. Although it makes for a wise investment, there is plenty of planning involved before finding the right house. From saving for the down payment to maintaining a strong credit score, there are a few signs that will show you that you're ready to buy a house and can manage the overall cost.

You Know What You Can Afford

To ensure you'll be able to afford the property you're eyeing and can maintain its condition, it's important to first calculate what you can afford before making an offer. Instead of only calculating the mortgage payment, you'll also need to factor in repairs that are needed, utilities, homeowner's insurance, HOA

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buy-your-first-home-home-documentsYour first home purchase can be a smooth and informed process and doesn't have to be filled with complications and frustrations. The key to having the entire process go smoothly and efficiently is information. You need to keep yourself informed of all the valuable information available. We've got our top 5 tips to help you buy your first home, the start of the information you should have.

Opportunity and Benefits

The first-time home buyer has many opportunities and benefits with their purchase. There is a home buyers' tax credit that will assist with the costs that are associated with first home purchase. The HBTC can be claimed on your income tax returns. A professional can find all opportunities and benefits that will save money and offer an

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