Wednesday, August 15, 2018 / by Brian Ness
Part of being in a relationship with another person is the milestones you two will share together. One of the biggest milestones a couple will experience together is buying and moving into their first home. Buying a home is a difficult decision for one person to make on their own, but when trying to reconcile the needs, wants and expectations of two people, things can get complicated rather quickly. To help guide you through the buying process, here are four tips that will make sure to keep you and your partner happy.
Set Your Priorities
The first, and most important, step to buying a house together is to sit down and really evaluate what each person wants and needs in their home. Buying a house is not a fleeting decision and once you settle on a new place to call home, you can expect to call it home for a while. Any decision you make together should keep that in mind. The best advice here is to be honest with your partner. Only after expressing your big expectations can the ...
Sunday, April 01, 2018 / by Clark Jones
So you've decided to buy a home. Perhaps you're tired of renting or your current home just doesn't suit your needs anymore. Perhaps you have a life event that may have pushed you toward this decision. Whatever the case may be. Well, this article will help to jump start your buying process.
The mistake that too many new home buyers make is they want to immediately jump into looking at homes. They've made the decision to buy and are super excited to start. This can be a monumental mistake. Why? Too often people are in "la-la" land or in a fantasy world and want to visit homes that they think are pretty cool on line. They've always wanted a big home. They've always wanted a huge kitchen or perhaps a large yard. So they see the home of their dreams on line, call a Realtor who they don't even know or have interviewed, and next thing you know they're standing in this beautiful home. The Realtor asks them ...
Monday, July 03, 2017 / by Brian Ness
Friday, February 17, 2017 / by Brian Ness
By knowing how much mortgage you can handle, you can ensure that homeownership will fit in your budget.
Homeownership should make you feel safe and secure, and that includes financially. Be sure you can afford your home by calculating how much of a mortgage you can safely fit into your budget.
Why not just take out the biggest mortgage a lender says you can have? Because your lender bases that number on a formula that doesn’t consider your current and future financial and personal goals.
Think ahead to major life events and consider how those might influence your budget. Do you want to return to school for an advanced degree? Will a new child add day care to your monthly expenses? Does a relative plan to eventually live with you and contribute to the mortgage?
Consider those lifestyle issues as you check out these four methods for estimating the amount of mortgage you can afford.
1. Prepare a Detailed Budget
The oldest rule of thumb says you can typically afford ...