Purchasing a Home with a Mortgage – Part 1 of 4

What Lenders Look For So, you’ve created a S.M.A.R.T. goal for the type of house you want to buy, now you need a plan for how you’re going to acquire that property. You want to balance the house features you’re looking for with the housing expenses that fit your budget. Think through the lens of […]

Visioning Homeownership – Part 4 of 4

Cost Related to Buying a House There are several costs that are incurred when it comes to buying a house, including underwriting costs with the lender, transfer taxes, and title charges. Many of these costs are included in the mortgage as closing costs. Properties are most commonly purchased with a down payment and mortgage, but […]

Visioning Homeownership – Part 3 of 4

Homeownership Goals What personal finance goals have you set for yourself in regards to buying a home? Reaching your goals is possible when they are S.M.A.R.T. – Specific, Measurable, Achievable, Relevant, and Time-bound.   For example, just saying that you want to buy a house is not specific, measurable or time-bound. Let’s take a look at each component of S.M.A.R.T. […]

Visioning Homeownership – Part 2 of 4

Things to Consider When Buying a House If you are buying a home by yourself, then you only have to consider your needs when listing what you want in a house. However, if you are married or planning to marry, you may need to create a list of priorities and discuss which are necessities and which […]

Visioning Homeownership – Part 1 of 4

Planning to Buy a House A home purchase is likely the most expensive purchase you will make – so you’ll want to put a lot of thought into purchasing property. It is important to understand all the factors that go into buying your first house, especially where this house purchase fits into your long-term financial […]