Page 6 - The Latest Homebuying Guide

www.thelateshomebuyingguide.com

Are You Ready for The Journey?
Purchasing a home is one of the biggest financial decisions you will
ever make in your life. It involves a lot of time, money and other
resources. As such, you want to make sure that you are ready to
handle the experience. You will have a tremendous responsibility,
and this will require discipline, and in some cases sacrifices.

You will have to manage relationships with quite a few persons,
some which will last for a lifetime. Then there is the added
responsibility of maintaining your home and ensuring that the value
does not depreciate. Most importantly, you have to ensure that
your home is not foreclosed on, because of non-payment.

These are all important responsibilities. So, the big question you
need to ask yourself before you decide to buy a house is:
Am I really Ready for this Journey?

Here are some questions to help you decide.
◙ Why do I want to buy a house?
◙ What type of house should I choose?
◙ What neighborhood will I feel comfortable in?
◙ How should my house look?
◙ What is the state of my finances?
◙ Will I qualify for a mortgage
◙ Will I have the down payment
◙ How long should I choose, to pay off my mortgage?
◙ How will I deal with the move?

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