Home ownership is a dream that’s shared by people all over the world, but not everybody is lucky enough to have access to the exemplary services of Premium Mortgage Corporation. For years, this Rochester-headquartered company has been helping people obtain the kind of mortgage loans and mortgage refinancing they need to realize their dreams. Premium's loan consultants know the market inside and out, and they’re committed to making sure their clients understand all their options, down to the tiniest detail.
Procuring a loan is the first step, but what do you need to know before you actually take the plunge and buy a new home? Asking yourself how long you’re willing to stay in one place is key—the longer you’re in a given area, the more chance you have of recouping expenses associated with buying and selling. In fact, most personal finance experts recommend that homeowners stay put for at least five years, just to be financially safe.
You should also consider your home an investment, and ask yourself whether its perks are ultimately going to be worth the money. The less remodeling and extensive repairs you have to do, the better; and if you do opt into a “fixer upper”, be sure that the home improvements you’re looking at are going to be feasible and within your budget.
You should make sure that you’re going to have enough to cover monthly expenses like property taxes, insurance, and utilities. And remember that the criteria that makes a great home extends far beyond the house itself: it’s imperative to thoroughly scope out the neighborhood you’ll be moving into. If you have kids, what are the school districts like? Is the area safe and pedestrian-friendly? What kinds of resources (in respect to shopping, medical facilities, arts & culture, etc.) are nearby?
Whatever the perfect home means to you, Premium Mortgage Corporation can help you get there. Their staff will explain interest rates, down payments, pre-qualification processes, and everything else related to procuring a home loan. And they’ll work with your escrow company to make sure no stone is left unturned. To find out more, call the Premium Mortgage Corporation team in Rochester at (585) 241-0000, or visit the company website online for more information on their home loan providers. The perfect home is closer than you think!