Are you ready to buy a home?
The following list of questions were compiled by the Real Estate Buyer's Agent Council (REBAC).
If you purchase a home, how long do you expect to live there?
What can you afford to pay each month for housing-related expenses?
What are the total costs of home ownership? (Mortgage payments? Property taxes? Homeowner's insurance? Utilities? Etc...)
Do you expect these housing-related expenses to increase or decrease?
What additional expenses are required to complete a purchase? (Ex. Closing costs)
How much will your home ownership costs decline after adjusting for interest expense deductions and property taxes (if applicable)?
Are local market prices favorable to purchasing?
Do you qualify for any special purchasing assistance programs?
If you are now a renter, what are your total housing expenses? (rent, utilities, parking)
How does renting v. buying factor into your long-term investing goals.
What are your personal preference regarding the type of housing you wish to live in?
How do you expect your personal situation to change, in terms of future housing needs?
What are your expectations concerning future employment?
What are your long-term personal & financial goals with regard to housing?
10 Steps to Homeownership
How often do you purchase real estate? Once, twice, maybe three times in your lifetime?
You can hardly be expected to know all there is to know about the process of buying a home.
The
National Association of REALTORS
and
Move.com
compiled this helpful list of
10 Steps to Homeownership:
http://www.realtor.com/home-finance/buyers-basics/home-buyers-basics.aspx
Articles and Information for Home Buyers
Relocating to the Pittsburgh Area?
Request our free online relocation kit!
Tips for Buying a Home
Complete the contact form below, and check the "Relocation" box.
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