Tag Archives: buying a house

10 Real Things To Know About Buying A House If You’re A New Buyer

This is something a little different. Last year we published an article titled Should You Buy A House?. The housing market has been up and down, depending on which side of the fence you’re on. If you were trying to sell a home, things were going well for close to a year; even now they’re not bad. If you were a buyer, prices went up drastically and there was a lot of competition.



 

Things are starting to move back towards how they were before the pandemic hit in many areas of the country, including the central New York area. Even with an erratic market, there are always rules that potential home buyers should know, especially if they’re first time buyers. This is geared towards that demographic, but we feel there’s something for everyone here. Let’s take a look at our 10 things we feel you should know or at least think about.
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Should You Buy A House?

Here’s a general question that almost every adult at one time or another in their lives either ask themselves or have someone else ask: should You buy a house? It’s a tough question to answer most of the time because not all circumstances are equal, and not all “homes” are houses. After all, purchasing certain types of condos could be considered homes, and in cities like New York City people purchase apartments as their homes. So let’s stick with the main topic of whether you should buy a house or not.

Christmas day sunset

Ville Miettinen via Compfight

The thing about buying a house is that it’s not really yours initially… it’s only yours once it’s totally paid for. You can modify it as you wish. You might have a yard you can do things with. You’ll probably know where you can park your car if you have a garage. You might have a basement as living space or for storage. And, if you have a growing family, having a house will provide security, protection, possibly more space for more bodies, and great memories down the line.
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Can You Afford To Buy A Home?

Many people, especially young married couples, start thinking that they need to buy a house, and as soon as possible. Home ownership can be pretty cool… that is, if you can afford it.

A Usual House
Diego da Silva via Compfight

Even if you have a pretty nice salary, individual or both spouses, you might find that owning a home costs way more than you expected it would. If you’re good at budgeting you might figure it out. If not… well, it could be harrowing.

Here are some things you need to know:
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