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Things Every First Time Homebuyer Should Know

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You’re tired of renting and paying someone else’s mortgage.  Now you want your own piece of the American dream. Experienced home owners make it seem easy.  If you are new to home ownership there are quite a few things that might take you by surprise.  Here are a few things to keep in mind as a first time home buyer before you begin your housing search. Decide location versus space before searching for a home Nobody enjoys experiencing buyer’s remorse.  It’s even worse when it involves a large purchase decision. Before shopping for a home, it’s important to set your priorities and decide which is more important to you: space or location. In most cases location will be more important in the long run than the space you have.  Also, knowing where you want to live can help you narrow your search. Don’t commit before you’re ready Though a mortgage payment is typically lower than a monthly rent, owning a home is a huge financial commitment -- In addition to y...