When is the Right Time to buy your First Home?
There are many market predictions, however if you want to buy your first homethere is no wrong time. The motivation to buy is not determined by regional market conditions or by location. Industry opinions and investor speculation can not predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual circumstances and personal needs.
Family needs and desires for children/parents/in-laws/couples
Convenience to home, work, school, social activities
Sense of achievement or fulfillment
Freedom and independence
Even though there are many changes in the market, both up and downpeople still need and want to buy homes. This desire to buy a home is deeply rooted in the fabric of our consciousness. The value of homeownership gives far more satisfaction than ROI calculators can quantify.
Today, there are many different loan programs with flexible terms to fit all buyers. There are city and county down-payment assistance programs to assist in buying a home. For future buyers with blemished...
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