June is the month we celebrate homeownership! Spring and Summer are here- homeowners are getting out and sprucing up landscaping & getting ideas for beautifying their property. There is pride in homeownership. When driving around neighborhoods – you can tell which areas are primarily owner-occupied homes and which areas are primarily lived in by tenants. Homeownership is more than a financial investment- it’s an investment in community and family. We can all benefit from more people owning their own home.
Homeownership is the foundation of the American Dream! Homebuilders and realtors work with government officials to advance and protect affordable homeownership opportunities.
I can make that dream of homeownership come true for you if you still haven’t gotten off the fence. Interest rates are low, there are down payment assistance grant programs for first time buyers, depending on where you’re looking to buy there are still 2 Zero down payment options to purchase a home. Now’s the time to do it. Have a conversation with an experienced home loan consultant that can guide you thru the homebuying process. Yes it’s very emotional and can seem very tedious at times, but the payoff at the end is the best- a home you can call your own and make it your own with paint and décor- no more apartment white walls!
When you’re ready to make the American Dream of homeownership a reality- find a local lender to walk you through the process and allay all your fears and answer all your questions. This may take several appointments with several lenders until you find the right one for you- not all have the extra patience to work with first time (or even second time) buyers. After you’ve been preapproved (most lenders will do this for free), then find a realtor you can work with to find you the home of your dream and negotiate the terms on your behalf. Your lender should be able to give you referrals to a realtor. Interview your realtor the way you would your doctor or attorney- this person is working for you. You should be able to trust them to do what’s in your best interest during the negotiations. And remember, realtor’s commission is paid by the seller, not the buyer!
Happy house hunting (after you get preapproved!). I would hate for you to fall in love with a property (yes, this is a very emotional process)- just to be told you can’t afford it.