Thursday, May 8, 2014

Bobby Jain & 3 Tips To Make Home-Owning Financially Easier

By Robin Setser


Yahoo Finance posted an article that, simply put, one out of every four individuals who own homes would not buy them again if the chance ever rose to the surface again. To say that this is a surprising statistic would be an understatement but when given the details, it's surprisingly logical. After all, not everyone has a firm grasp on the idea of finance and assistance may be required, whether from reputable names like Bobby Jain or what have you. The article said that younger homeowners are more at risk in this regard.

A total of 28 percent of homeowners under 65 years old were the ones who regretted their home-buying endeavors. Given the idea that younger people are usually not as learned on the financial front, this does not come as too much of a surprise, either. Even still, are there ways for these buyers to ensure that their homes are ones that they can be most proud of? If you would like some help on the matter, here is a list of 3 steps to make this as cost-effective on your part as possible

1. Rates have to be considered but what exactly does this entail? Bobby Jain may be able to tell you about this, seeing as how housing costs on your end should not go over one-third of your household budget. This is especially true when other factors, including family and electricity, have to be taken into account as well. According to the article, mortgage calculators can allow individuals a better idea of what they need on the financial front and authorities such as Jain can support this.

2. Look for a reputable real estate agent. I stress the "reputable" part because it seems like there are many who simply do not lead people in the right direction as far as shopping for houses is concerned. The best agents, from my perspective, are those who not only listen to the needs of clients but are able to offer a number of choices that suit their needs as well as their budgets. Make it a point to research online if you are concerned about which agents are best.

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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