News & Press: Homeowner Tips

Tips for Female Homebuyers

Friday, March 23, 2018  
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Tips for Female Homebuyers

  • Make sure your home payments fit into your budget; an emergency should not send you into a vicious circle of debts.
  • Compare renting and buying:  you might be surprised to see similar payment ranges.  It might make sense to buy.
  • Consider your future; find a home that see yourself living in through your old age.
  • Spend as much time looking for the “right” area as you do looking for the perfect property.  Things like commute time, quality of schools, the church of your choice being nearby, access to medical care or day care are a few things to consider as you chose the right community for you.
  • Always have enough savings in your account to get you through multiple home payments, to get you through tough situation like layoffs.
  • Research home warranties and understand if your home needs it or not; in most cases it is useful especially when the home needs major repairs.
  • If you have a particular type of home in mind, a condo, a townhome, a single-family home etc., stick to your plan and do not be swayed by other people’s opinions.
  • It is not wrong to buy a basic looking home, if it is a good value. Once you settle, you can take your time to decorate it as and when the budget allows.
  • Take a homeownership class: learn about preventing foreclosures, home inspections, etc.  Most areas have non-profit housing counseling agencies.