One of your primary objectives will be to secure a home that will meet the needs of your family. Here are a few things to consider:
What is important to you? Proximity to employment? Proximity to schools? Is shopping or public transportation important? Do you prefer the peace and quiet of a rural or suburban community or the hustle and bustle of city life? Who are “your people” and where do they live?
Are schools an important consideration for your family? What do you want? Diversity? Proximity? Excellent testing scores?
It’s never too soon to contemplate your exit strategy from this new investment. Understanding your expected time horizon in this home impacts many issues, including mortgage alternatives, resale implications and the amount of space you need.
It is critical to understand what you can comfortably afford to pay for your home. Use our calculators to help you determine this number or tap into my personal expertise to help keep your home purchase within your budget.
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