Yahoo Finance posted an article that, simply put, one out of every four individuals who own homes would not buy them again if the chance ever rose to the surface again. To say that this is a surprising statistic would be an understatement but when given the details, it's surprisingly logical. After all, not everyone has a firm grasp on the idea of finance and assistance may be required, whether from reputable names like Bobby Jain or what have you. The article said that younger homeowners are more at risk in this regard.
A total of 28 percent of homeowners under 65 years old were the ones who regretted their home-buying endeavors. Given the idea that younger people are usually not as learned on the financial front, this does not come as too much of a surprise, either. Even still, are there ways for these buyers to ensure that their homes are ones that they can be most proud of? If you would like some help on the matter, here is a list of 3 steps to make this as cost-effective on your part as possible
1. Rates have to be considered but what exactly does this entail? Bobby Jain may be able to tell you about this, seeing as how housing costs on your end should not go over one-third of your household budget. This is especially true when other factors, including family and electricity, have to be taken into account as well. According to the article, mortgage calculators can allow individuals a better idea of what they need on the financial front and authorities such as Jain can support this.
2. Make sure that you have a real estate agent that you can depend on. This is especially important to note since not everyone will be able to attain the optimal guidance as far as home-owning is concerned. If you want to know what the best agents entail, these individuals are ones who will listen to what clients need and go on to choose the options that best suit the interests of the clients in question. If you take it upon yourself to conduct research, your chances of being helped will only increase.
3. Keep in mind that your neighborhood is going to be integral to your home-owning endeavors. Ideally, you will want to travel around the neighborhood during certain points of the day so that you can gain a better idea of what it is that you will be in for. Perhaps you will come across a couple of details you wouldn't have noticed otherwise, like noisier neighbors during the mornings or too much traffic at night. Regardless, the neighborhood your potential house is in can make or break your choice.
A total of 28 percent of homeowners under 65 years old were the ones who regretted their home-buying endeavors. Given the idea that younger people are usually not as learned on the financial front, this does not come as too much of a surprise, either. Even still, are there ways for these buyers to ensure that their homes are ones that they can be most proud of? If you would like some help on the matter, here is a list of 3 steps to make this as cost-effective on your part as possible
1. Rates have to be considered but what exactly does this entail? Bobby Jain may be able to tell you about this, seeing as how housing costs on your end should not go over one-third of your household budget. This is especially true when other factors, including family and electricity, have to be taken into account as well. According to the article, mortgage calculators can allow individuals a better idea of what they need on the financial front and authorities such as Jain can support this.
2. Make sure that you have a real estate agent that you can depend on. This is especially important to note since not everyone will be able to attain the optimal guidance as far as home-owning is concerned. If you want to know what the best agents entail, these individuals are ones who will listen to what clients need and go on to choose the options that best suit the interests of the clients in question. If you take it upon yourself to conduct research, your chances of being helped will only increase.
3. Keep in mind that your neighborhood is going to be integral to your home-owning endeavors. Ideally, you will want to travel around the neighborhood during certain points of the day so that you can gain a better idea of what it is that you will be in for. Perhaps you will come across a couple of details you wouldn't have noticed otherwise, like noisier neighbors during the mornings or too much traffic at night. Regardless, the neighborhood your potential house is in can make or break your choice.
About the Author:
If you'd like to learn about the best methods to remain financially solvent, contact Bob Jain for more details.. Also published at Bobby Jain & 3 Ways Homeowners Can Have Fewer Regrets.
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