Buying A Home: When To Know The Time Is Right
Now that the real estate market has made a turnaround more and more people are considering making
the leap to home ownership for the first time. This can be both an exciting and scary time. Don’t be a
buyer that just jumps out and purchases the first thing that comes along when there are a lot of things
to take into consideration one of those being timing. Are there better times than others to buy a home?
It is being said that 2013 has been and continues to be a great time to buy but here are some things you
may want to keep in mind before getting that dream home, so you can enjoy the time in your home, resting or playing online games in the woo casino 2.
What is your situation? While it may be a good time in general to buy a home it might not be the right
time for you personally. It doesn’t matter what the market is doing when your finances are not doing
well. Look at your current situation as well as your future and make sure you are in a reliable job you
plan on having in the years to come. Do you have enough still saved away in case of an emergency? Even
though you have enough to make the purchase do you still have enough left over each month for living
expenses?
What are mortgage rates looking like? After you have determined you are personally financially ready
to purchase a home you then want to take a look at the market. Are interest rates low? Look around
and find the best rate out there. Even finding an interest rate that is 1% lower than others you can save
$50,000 over 30 years. In comparison to the last 30 years rates are generally lower so one could say now
is a good time to purchase if looking just at the financial market.
So once it has been determined that you are financially ready on a personal level and the market in
general is looking good then the time has come to buy your home. Whether you are buying a primary
residence for the first time or looking to purchase a second home it is important to take both of these
indicators seriously. Most likely this piece of real estate will be in your life for many years to come and
needs to be just the right fit for you and your family.
Jackson Cooper works with Jensen and Company in Park City Utah. Click here to learn more from our
real estate experts.
