Guide to Buying Your First Home

Down times are excellent times to be buying a home.  

Some of my clients were not bothered buying their first home in the worst of time, like at the worst of the last crisis.  With hindsight, they are the smart ones now.  Yes the market has slowed down, and prices are back to what they were last year, but so what? Buying a home is for the long term.

I always remind my clients: as long as you can afford comfortably the home you buy, you have a fairly
stable job, and you know you can find a new job should you lose your current one, then any time is good.  If you know you may have to sell in one or two years, then it may be best to continue renting until you are more sure of your situation.  Otherwise, why continue paying a mortgage - your landlord's mortgage?

This being said, buying a house requires a significant amount of money and time. The journey isn’t always easy, but when you get the keys to your new home, it can be one of the most rewarding feelings ever. 

Knowing the home-buying journey, what tools are at your disposal and creating relationships with experts who can help you get the job done is the key to getting there.

 Here is a link to this nice article, a recap of what to think about.  Source: House Logic

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nds: Local prices and graphs.

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