Buying a Home: Practical Consideration

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Buying a home is an important decision that can make an enormous difference in your lifestyle. It is also the biggest financial transaction you may make. There are some specific things to consider about a home to buy.

• Be realistic: There are no perfect homes. Decide what is important to you, and make sure you find a home that has the features you require. Be prepared to compromise on some of the items on your wish list.
• Decide on a price: Get pre-approved for a loan, not just prequalified. Consider not only the amount of the loan the lender will allow, but also what you feel comfortable spending every month. Take an honest look at your budget.
• Choose carefully: Buying a home is much more permanent than renting. Purchase a home that you are prepared to keep for a while. Select a home that will be reasonable to maintain, in both utilities and/or repairs.
• Build up to your dream home: Most people nowadays buy more than one home in their lifetime. The average turnaround time is seven years. Buy a home you can afford today. Start to build equity, and then you can trade up or even build your dream home.

Home Buyers living or relocating to Washington DC Suburbs, If you already live in this area or if you are relocating from somewhere else. Two important things to note: If you live locally and have a home to sell, I am more than willing to give you a free estimate of your home's value. If you are relocating to our area I have an amazing relocation package to send you.

Download my Free Home Buyer Guide

Kim Kroner Realtor - Associate Broker Top Producer - NVAR Multi Million Dollar Club Long & Foster Christie's International Too Free: (800) 9611328 Cell: (703) 946-2526

kim@kimkroner.com www.kimkroner.com Homes and local scoop for the real estate obsessed

Filed Under: First Time Home Buyer Program Loudoun County VA
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The process of buying a home can be overwhelming at times, but you don't need to go through it alone.
You may be wondering if now is a good time to buy a home...or if interest rates are projected to rise or fall. The free eGuide below will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home.
Check it out, and feel free to get in touch if you have any questions.