When is the right time to buy? People move into home ownership for a variety of reasons. Some want to become established in a community or to provide a more permanent home for their family. Many think that real estate is a good investment.
In fact, there are many advantages to home ownership:
- Appreciation -- Your home can increase in value over time, thus increasing your equity and your personal net worth.
- Personalization -- You can change or improve your home to suit your style and needs, such as painting, installing new flooring, or upgrading the bathrooms.
- Space -- A house generally offers you more space inside and out than a rental apartment, along with the ability to remodel the existing space or add on to it.
- Enjoyment -- Plain and simple, most homeowners take a great deal of pride in their homes.
There are some general steps that need to be taken after making the huge
decision to purchase a home. The following flowchart
depicts a "typical" process, though there may be some variations in each case. Your Realtor will provide the required "hand-holding" and advice to make sure these steps are done properly and in the right sequence.
When you are ready to purchase a home, I welcome the opportunity to help you.
In the meantime, I will continue to send you valuable information about buying a home. Please don't hesitate to call or email me if I can answer any questions.