Buying your first home is a big deal. Many people see purchasing your first home as a sign of adulthood, success and financial responsibility. Taking that plunge into home ownership shouldn't be taken lightly as it is a huge commitment.
There is A LOT of advice out there for first time home buyers in CA, HI, but the best advice I can give is make sure you have an experienced and dedicated real estate team and mortgage lender on your side. Before purchasing your first home give careful consideration to these factors:
Huge financial responsibility. Your mortgage payment isn't the only new expense you'll have to budget for. You'll need to pay for utilities, maintenance, unforeseen repairs, property taxes and homeowners insurance.
Tighter ties. When renting, you can pick up and move with short notice. When you own a home, the selling process can sometimes take months. Moving can be more complicated, so before purchasing a home, make sure you know you want to be living in that area for a while.
It's an investment. With all investments there are risks. Of course, paying a mortgage that increases your home equity is preferred to paying someone else's mortgage while renting but don't forget there are still some risks involved.
Don't let the process overwhelm you. Allow me to help make the process as simple and quick as possible. This site has all the tools and resources you will need to get started. Once you're ready to apply or have any questions don't hesitate to reach out to me!
Contact Rebecca Ross