The "Buying First Home" Jitters

Here is a small checklist that would help you makewould be more practical and would prove to be
sure that your first purchase doesn't bring you athe better investments. Don't decide on your first
future full of regret:look - in your over-enthusiasm, this could be
1. Have you looked into the best paymentdeceiving.
modes? Have you checked out all the available3. Even if you think a house looks sturdy to you,
mortgage plans, big banks, governmentcall in a house inspector. Safety must not be
home-buying programs, and credit unions locallycompromised for aesthetics! After all, you are
available to you to tap? If you have, you shouldbuying a property of your own with an eye to
be confident that you would be getting a goodraising your own family there... and "family"
deal. Signing a deal with a good lender who won'tincludes children! Your house should be
take advantage of you at any point during thechild-proofed. If the one you have set your eyes
purchase should give you peace of mind.on fails in this respect, compute how much it
Also, have you looked into good owner-financedwould cost you to have the necessary
homes up for sale lately? Those will allow you toadjustments to the house to effectively
save up significantly more than if you buy homeschild-proof it, and include this cost into your
with regular loans. This is made possible by thedecision-making.
fact that you would be dealing directly with the4. Can you imagine yourself living comfortably in
owner, one who, hopefully, have a heart, and notthis house and in this neighborhood for a long
with any other lending institutions that wouldwhile of your married life? Do you see everything
mostly likely have this heartless tendency toto be relatively worry-free from financial and
"compartmentalize" their clients.infrastructural problems? If you can, well, by all
2. Have you done enough shopping? In othermeans, you may as well go all the way!
words, are you buying impulsively? The "buyingThe "buying first home" jitters are a natural nag,
first home" jitters may in fact be that better partand definitely something you should heed and not
of your brain telling you to keep your optionsignore. You must approach this major
open! This house may seem like your dreamcommitment with caution and with both eyes
house, but if you bide your time a little bit more,open. Being completely at peace with your
there may be other better dream houses anddecision to purchase is the first definite step to
better deals that will come your way, ones thatmaking your first home, a true dream home!