Purchasing a property is most likely the biggest financial decision you will ever make. Whether this is your first purchase, or you are an experienced buyer, this decision must be made carefully, and Costa Real Estate is here to help!
Should You Rent Or Buy?
Before you decide to purchase a home there are some important questions that you should ask yourself to determine if you are indeed ready for homeownership.
- Will you be staying at the residence for more than five years?
- Are you financially stable?
- Can your budget handle a mortgage and other costs?
If you answered yes to these questions, you are ready to move on in the home buying process!
Why Do You Want To Buy?
Now that you’ve determined that you’re ready to buy a new home, it’s important to determine WHY you are looking to make a purchase. Are you tired of paying rent? Have you decided to pay your own mortgage and not your landlord’s? Have you outgrown your current home? Are you looking for an investment portfolio? Are you looking for a rental property? Would you like a larger yard? Would you rather live in a different area? Do you want to shorten your commute? Having a clear sense of your reasons for buying will help you choose the right property and will help us guide you in the right direction.
Has Your Income Grown?
Property ownership is also an excellent investment; whether you are looking for your dream home, a rental property, or to expand your investment portfolio. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your initial investment.
Click on a link below to learn more about the home buying process.