Tag Archives: home ownership

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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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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