This post is for those of our readers who are not investors or rehabbers.
This weekend a family friend whom we’ve watched grow up asked to come out the the ranch and get some advice. She wants to buy her own house. I’m always glad to see someone succeed in buying their own house rather than pay for someone else’s through rent. I even tell my renters this.
For most people, buying a home represents the single largest investment of their lives. Many people have no retirement savings other than the equity they build in their homes over time. But even if you plan to move in a few years, maybe especially if you plan to move into a larger home, taking time to make sure you buy the right home for you is worth every minute you spend on it. After all, you’re going to be there for a while, maybe most of your life. Choose well.
So, here in a nutshell is a very high-level process. Continue reading