Minimize some of the roadblocks along the path to happy homeownership
BY SHARRON ST. JOHN TODAY 2:30 A.M.
First-time homebuyers make mistakes going into the homebuying process, throughout the process and even after they purchase a new home. Because they’ve never done it before! Here are 24 mistakes that I’ve observed and some tips on how to help rookie buyers avoid making them.
Not knowing their true budget. Homebuyers should crunch their monthly numbers and know exactly what they can afford to pay each month toward their new home. No matter what their lender approves, they should stick to their determined budget. Not considering all expenses. Aside from the purchase costs, HOA fees and monthly payments, which real
Key Takeaways Kitchen and bathroom (37 percent), other interior remodels (23 percent) and additions (21 percent) were the most popular renovations homeowners took on this year. Fifty-two percent of first-time applicants knew they needed a permit, while five percent of first-time applicants had never heard of a permit. The average permit costs $500 or less and takes two to four weeks to obtain.
Despite being in the midst of an inventory shortage, buyers have been resilient in their quest to become homeowners. For many, that means putting time and money toward transforming fixer-uppers into the dream home they’ve always wanted. In 2016, first-time
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