Top 10 Things Homebuyers Should Know

5 09 2009

Top 10 Things Homebuyers Should Know

Thinking about a new home? NOW is a great time to BUY and BUY NEW. I came across this video by Lennar Homes. If you’re thinking of buying a home, here are the top 10 most important things you should know before you go. See http://www.youtube.com/watch?v=EVql0LkZTPo.

From knowing what to look for, to knowing what you can afford, this Lennar video podcast is essential viewing for anyone in the market for a home.

And here are ten things homebuyers should know.

10: Know Before You Go. Go online. Research is quick and easy. Learn about home values and how to pre-qualify. The more you know, the easier it’ll go.

9: Know Your Builder. You don’t want to get stuck with a half-built home, right? You want to know that your builder is financially strong, and that they’ll be here for you tomorrow.

8: Know Your Neighborhood. Make the drive. Visit the community live. See it. Breathe it. And make sure it really feels like home.

7: Know Your Price Range. Set your budget. Stay within it. And never, never buy more home than you can afford.

6: Know What You Owe. Get a copy of your credit report. Get your finances in order. And get your down payment right where you want it.

5: Know That New Is Better Than Old. New homes mean less maintenance. Less retrofitting. More advanced technology. And more new stuff.

4: Know That New Is More Energy-Efficient. In a new home, you save energy. You save resources. And you save money.

3: Know That This Is A Long-Term Investment. Now is not the time to flip it and fly. Choose a home you can grow in, and be comfortable for the long run.

2: Know That Your Wealth Can Grow. Home equity is a big part of your net worth. Owning a home is the first step in assuring your financial security.

1: Know That Now Is A Great Time To Buy. Prices – down. Interest rates – down. Payments – down. And government assistance – UP – with a new $8,000 tax credit for first-time homebuyers.

So now you know. The time is now!

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