Tuesday, May 3, 2011

What to Consider When Buying Your Home


So many of my clients want to know if the pricing they are seeing for a home is fair.  My answer to this is yes.  The prices on homes have dropped nearly 60% and maybe a little less it just depends upon the area that you are looking in.  The key to buying a home is just focusing on what is important for you and your family.  As a family with small children you will want to consider moving to an area where there are other families raising children, and a good school system.  When moving a family, you may have to be more “future-minded”, meaning you plan to stay and let your children graduate from those schools too.  Moving too often isn’t good for young children because they need a place to call home.  There is no better time to buy than now if you want to make a home for your family. 
 
What Buying a Home Can Do for You 

The second benefit I share with families I work with is this; buying now puts you into a good position.  You get a great home, for a great value, and when the market begins to recover you will be able to look at the equity that you have built up in your home over time.  This puts a family into a great position, so that if they do end up having to relocate for a job or for some other reason than they can take pride in knowing that the investment they put into the home paid them a return.  This keeps the housing market healthy with families being able to go into another home with a more solid down payment than before buy making some money on the first property they owned. 

-Mayer Dallal

1 comment:

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