3 Good Questions to Ask Before You Buy a Home (and One Funny Video)
No, we don’t think you have to be “grown up and impressive” to buy a home. (Neither do you need to be a fireman and an astronaut.)
But this hilarious video from Realtor.com featuring actress Elizabeth Smart had us in stitches. While it’s meant to be a farce (we think) it poses three really important questions that our licensed Loan Officers counsel clients on every day:
“Should I Rent or Buy?”
There is no one right answer. Our goal is to help people who WANT to be home owners successfully finance their dream. But we did feature an article that addresses some of the renting or buying pros and cons (and goes a little more in depth than telling you that renting is paying “some other schlub’s mortgage.”)
“What Can I Afford?”
We offer a handy dandy Mortgage Calculator that can give you some general ideas about rates and payments. But the best thing to do is to sit down with your Personal Loan Officer and talk it through. There are too many variables to trust a calculator or an inexperienced or unlicensed adviser to give you the best answer.
“What Do I Want?”
Yeah, we thought the part about getting “aligned” both with your partner and yourself was funny. But it’s also true. If you aren’t clear about what you want chances are you won’t be happy with what you get.
Ultimately, we love sharing this laugh with you (and thanks to Realtor.com for the inspiration.) But what we really want to do is help you make sure you’ve got those questions answered so that you can buy the home of your dreams and live happily ever after. (Wait, that’s Disney not Realtor.com. But we’re still rooting for you being happy in your home for a long, long time.)