We hear from homebuilders and homebuyers alike that both processes can seem daunting and overwhelming when you’re just getting started. Take the mystery and anxiety out of buying a home process by getting a quick overview of the home buying process.
You’re buying your first home and you’re trying to decide the big question: to build, or to buy? Most first time homebuyers consider building to be too expensive, a dream too big to attain. Today we want to consider some pros of buying an existing home or building a new one.
Buying your first home is chock full of questions:
Not thinking about your long-term plans
Many first time home buyers are quick to buy a home when they realize they qualify for programs that allow them to put down a smaller down payment and get a house sooner than they originally planned, but have you really thought about the long-term implications of buying a home? Here are a few questions to consider:
How does my credit rating relate to buying a home?
When you apply for a mortgage loan, mortgage lenders look at several different factors, such as:
Building a house is no small feat! There’s a lot of planning and decision making that goes into making your new house the perfect home for yourself and your family.
We’ve gathered some of the top ideas and advice previous homeowners have for anyone thinking about building a house. Here’s what they wish they had known before they got started!