Home Buying Tips

Why buy a home?

• Home Ownership is a durable investment
• Home Ownership can offer significant tax benefits - mortgage interest deduction
• Home Ownership allows you to accumulate equity.
• Home ownership lets you take control of your housing costs, and frees you from the whims of a landlord.
• Home Ownership gives you the freedom to make improvements on your home.
• Home Ownership gives you Pride of Ownership

The emotional experience of buying

How do you walk that fine emotional buyers' line that allows emotions to come through, but not rule?

Start by creating a list that identifies three factors:

• Must have features
• Love to have features
• Nice but not critical features

It's important to write this list down and review it with Pete to identify homes that meet your needs and your budget.

Next, before setting foot in an Open House, identify your financial comfort zone by finding out how much money you can afford to spend. Don't even bother to waste time looking at homes you know you can't qualify for.

Pete can help you view competitive homes in the area to determine if the asking price is appropriate for the condition of the home and the current market.