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Financial planning can help reduce anxiety of buying a home (Washington Post) Before you start perusing real estate websites looking for your dream home, you first need to get serious about your money. Check your credit, save some cash and design a budget you can live with and you’ll be on your way to buying your first place.
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Rather than jump into a home purchase blindly, take your time, educate yourself, and do some legwork. You’re going to live in your new home – and live with its financial impact – for a long time, so take a step back and enjoy the process responsibly. What other tips can you suggest to reduce stress when purchasing a home?
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WWW.PLANNERSEARCH.ORG FINANCIAL PLANNING FOR A HOME OF YOUR OWN. Truth and Myth. Financial planners say that there are two common myths when it comes to buying a home: 1. It’s always better to buy than rent. Buying . a home can be a good investment, fixes the long-term costs of shelter and has certain tax advantages. But renting may make.
You can do a lot of research on your own, but you need the help of an expert when it comes to actually finding and securing your perfect home. A buyer’s agent can help you navigate through the home-buying process. In some cases, they may even be able to help you find a house before it hits the market, giving you a competitive edge.
5 Tips to Reduce Stress When Buying a House Click To Tweet How to Minimize Your Home-Buying Stress. 1. Know What You Want. A real estate agent can’t read your mind, and if you don’t know what you want, you’re going to spend a lot of time looking at houses that just don’t match your needs.
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To be sure you’re ready to buy a home, and ease any anxiety you have about the process, fannie mae offers the following five suggestions. 1. Learn all you can about mortgages. Mortgages have changed a lot in recent years as lenders and investors make adjustments reflective of American households.