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 […]