Things Every Home Buyer MUST Keep In Mind
If you follow me on Twitter, you probably know that I am starting Pharmacy School in June in Phoenix, Arizona (actually Glendale, a suburb of the Phoenix). The process of moving out has led me to purchasing a foreclosed house 3 miles from my school. I am currently in escrow and the house will be mine on May 25th.
The process of searching for homes, interacting with real estate agents on both sides, and the entire process has allowed me to gain valuable experience that I can share with you.
Have You Decided to Buy a House
Buying a house means that you might be risking years and years of hard earned money and possibly putting yourself into debt that could take decades to pay off. There are lots of factors to take into consideration before you make your purchase in order to ensure you have a pleasant experience and come out financially healthy.
The rules are different if you are buying a house as an investment property than if you’re buying to live in it. In this article I will share some of the important things to consider about the property in question before you sign the contract and change your financial future.
What’s really going on with the real estate market? Does anyone really know?
Last year, I gave you the best and worst housing markets for the 2009 year, with the average percent fall (and very rarely, gain) in selling prices.
This year, real estate prices seem to follow no pattern. In some areas, they are recovering from their 2008 price lows and in other areas, foreclosures keep piling up. Investors have it tough… speculators are everywhere, pointing to positive signs in the economy one day and then predicting doomsday the next.
Subscribe for E-mail Updates
New on SmarterSpend
- How Hire a Contractor for Less Without Sacrificing Quality
- Top 5 Craigslist Scams to Avoid
- 8 Companies Facing Bankruptcy in 2011
- The Ultimate Personal Finance Blog Rankings from MoneyCrashers!
- Investing in Health Care: 3 Innovative New Drugs to Watch