Amherst, New York
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Amherst, NY 14221
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Experienced Loan Officers Provide 5 Tips For First-Time Home Buyers January 23, 2015

Amherst, Erie
Experienced Loan Officers Provide 5 Tips For First-Time Home Buyers , Amherst, New York

Buying your first home is such a challenging, emotionally harrowing process that many potential buyers get overwhelmed and buy one of the first houses they find, or they simply give up entirely. To help you make the right choice, consider these tips from Premium Mortgage Corporation, experienced mortgage loan consultants servicing upstate New York and Vermont areas.

  • Keep Resale in Mind: Unless you plan on keeping the property for the long-term, consider your ideal target audience when you resell, especially regarding renovation and investment costs.
  • Make a List: Keep your emotions in check by compiling a list of must-haves and honestly compare every property to your needs. This will help you avoid making emotionally-based decisions.
  • Consider ALL The Expenses: When considering the full cost of a home, remember to include such costs as commuting, upgrades, and utilities. Calculate the cost of actually living in the house, not just the cost of purchasing it.
  • Review All The Contracts: If the home is in a community governed by a homeowners association, you’ll be subject to that agreement as well. Ask for it before making an offer and review it carefully.
  • Learn The Neighborhood: The other residents of the neighborhood will have a huge influence on your quality of life. If you are planning to have children, for example, is an area populated by young singles the right choice?

When you’re ready to go shopping for a home, contact the loan officers at Premium Mortgage Corporation. They’ll help you secure the best loan terms available and navigate the complex process of purchasing a home. Visit their website to learn more, or just call (585) 241-0000.

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