THREE QUESTIONS TO ASK BEFORE INVESTING IN A PROPERTY
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¿How much can I afford? |
We think you should know your financial situation before you approach a lender and borrow accordingly. A 10-year mortgage is preferable. Chart out how high your payments would be at different rates by using @cabogolfproperties.
Once you know what you can afford to pay on the mortgage, you can figure out your housing price range. We recomend.
What do I need in a community?
We ask buyers to consider how they will get from home to other places. Walking three blocks to a bus stop when it's 10 degrees can be bone-chilling. If you drive, try it before you buy.
Check out potential neighborhoods at different times of day.
"Sure, look at the MLS, see the reports, but walk the neighborhood,"
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http://copalaproperties.com/ |
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| Am I prepared to be a homeowner?
"Whatever your money attitude is, when you have a home, a lot of your money will go (to it),"
"A lot of your time will be spent dealing with your home."
Make sure you understand what's involved. You should ask yourself before buying if you have good spending habits. If possible, take a homebuyer class in person or online.
If you're ready and buy responsibly, experts say homebuying can still be a wise financial move.
"Owning a house is still better than renting"
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