According to a report on Yahoo Finance, one out of every four individuals who have purchased homes in the past actually regretted those particular purchases. It's a pretty eye-opening statistic but I cannot say that it is entirely shocking, either. Finance is one of the most complicated endeavors out there, which can be helped with assistance from Bobby Jain, amongst other reputable authorities. Did you know that the article also mentioned that younger homeowners are likelier to have this sense of buyer's remorse as opposed to adults?
The report detailed that 28 percent of homeowners who were younger than 65 regretted purchasing their homes. This point is especially interesting when compared to 14% of homeowners that are seniors. It is important to note that those who are younger are, more often than not, at higher risk of making risky financial decisions. Does this necessarily mean that they have to come about? For those who are looking to purchase homes of their own, here are 3 ways to ensure that you have as few regrets as possible.
1. What is needed, from potential homeowners, as far as rates are concerned? It is possible that Bobby Jain can bring housing costs to your attention and the general rule of thumb is to not let the costs in question go beyond one-third of your household budget. Seeing as how certain factors like family and utilities can come into effect, this rule is especially prominent. Mortgage calculators were brought into discussion within the article and authorities the likes of Jain will attest to how much of an assist they can lend.
2. Make sure that you have a real estate agent that you can depend on. This is especially important to note since not everyone will be able to attain the optimal guidance as far as home-owning is concerned. If you want to know what the best agents entail, these individuals are ones who will listen to what clients need and go on to choose the options that best suit the interests of the clients in question. If you take it upon yourself to conduct research, your chances of being helped will only increase.
3. You should have a firm understanding of the neighborhood that you live in. One of the reasons for this is because you never know if it may become noisy during one part of the day or too compact throughout another time of the day. If you want to attain the best understanding of a particular neighborhood, travel throughout it while it is light as well as when it is dark. From what I have seen, this will give you a better understanding of what home-owning is about.
The report detailed that 28 percent of homeowners who were younger than 65 regretted purchasing their homes. This point is especially interesting when compared to 14% of homeowners that are seniors. It is important to note that those who are younger are, more often than not, at higher risk of making risky financial decisions. Does this necessarily mean that they have to come about? For those who are looking to purchase homes of their own, here are 3 ways to ensure that you have as few regrets as possible.
1. What is needed, from potential homeowners, as far as rates are concerned? It is possible that Bobby Jain can bring housing costs to your attention and the general rule of thumb is to not let the costs in question go beyond one-third of your household budget. Seeing as how certain factors like family and utilities can come into effect, this rule is especially prominent. Mortgage calculators were brought into discussion within the article and authorities the likes of Jain will attest to how much of an assist they can lend.
2. Make sure that you have a real estate agent that you can depend on. This is especially important to note since not everyone will be able to attain the optimal guidance as far as home-owning is concerned. If you want to know what the best agents entail, these individuals are ones who will listen to what clients need and go on to choose the options that best suit the interests of the clients in question. If you take it upon yourself to conduct research, your chances of being helped will only increase.
3. You should have a firm understanding of the neighborhood that you live in. One of the reasons for this is because you never know if it may become noisy during one part of the day or too compact throughout another time of the day. If you want to attain the best understanding of a particular neighborhood, travel throughout it while it is light as well as when it is dark. From what I have seen, this will give you a better understanding of what home-owning is about.
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If you'd like to learn about the best ways to stay financially solvent, consult Bob Jain for more details.
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