BUY A HOME
Buying a Home in 2021: What To Consider
A home purchase can be different for a first-time buyer compared to a repeat home buyer. The steps and home buying process in 2021 are not the same as even 5 years ago. This major purchase decision that you are considering making can be affected by many factors: Home inventory availability, mortgage financing options, qualifying, personal finance budget, and your research efforts.
Home-buyers that have been through the process still could use a refresher since the process and market is ever-changing. First-time buyers should be aware of the various mortgage programs and down payment assistance options. It’s always valuable to be up to date on current market conditions and mortgage lending options.
Getting Started
Is it for tax break reasons, wanting to take advantage of low-interest rates, tired of renting and not building equity, would like to benefit from home market appreciation, have a goal to own a home free and clear someday, or do you just want to invest your money in real estate?
Whatever your reasons are, homeownership is part of the American dream. There are many benefits and some risks. Working with a good lender and real estate agent that have your best interest in mind, will help you to make the right educated decision.