A Note to the First Time Homebuyer


First homeFor the first time homebuyer, the transition from tenant to homeowner might feel perfectly natural… like a duck to water. But for others, it’s a bit more of an adjustment… Especially the financial implications.

New carWith today’s low interest rates, it’s not all that unusual for the house note on your new home to be lower than what your rent had been. So how do you plan to spend those extra dollars left over each month? – New furniture? New car?

Whoa!!  Hold on there big spender – SAVINGS FIRST.

HurricaneHaving just about wiped out your bank account on a down payment and closing costs, do you have enough set aside if the water heater goes out? And God forbid – What if we have a hurricane hit? Do you have enough to cover your insurance deductible? …Or do you even know how much that might be?

Home ownership is the American dream.

FamilyHowever, many first time homeowners don’t plan for the financial risks and obligations that come after the sale. Then suddenly they are face to face with a roof that needs replacing or the air conditioner that quits in the middle of July. It’s as if it took awhile for them to realize this isn’t just about lowering the monthly rent. There is sooooo much more.

So now you know you must set aside a few dollars each month for emergencies….  And that’s true no matter how perfect the new home is. And that said, I really do extend my

Best Wishes First Time Homebuyer!  May you Enjoy Many Happy Years in Your New Home.

Contact me for a free copy of the e-book Your FiYOUR FIRST HOME bookrst Home

About Joyce Albert

Why you need a Real Estate Consultant, not just another Agent… The difference between a real estate agent and a real estate consultant is the difference between someone who just wants to make a sale, and a professional who is willing to share with you their in-depth knowledge of the market in order to help you navigate one of the largest financial decisions of your lifetime. In my career as a real estate consultant, putting my clients first has been the hallmark of my success. I will always make myself accessible, be a good listener, and respond quickly to your needs. So if you are looking for a true professional to help you buy or sell a home in the Slidell, Mandeville, or Covington areas, please contact me. I look forward to working with you. Certified 203k Specialist I am a certified FHA-203k Specialist affiliated with the Re-buld USA program.- a program designed to assist buyers wanting to purchase distressed properties (hurricane damaged, repos, short sales) that require rehab. Accredidations -  Accredited Buyer Representative (ABR)  e-Certified  Short-Sale & Foreclosure Certified (SFR) Other Memberhips. . .  Louisiana Association of Realtors  New Orleans Metropolitan Assn of Realtors (NOMAR)  Gulf South Real Estate Information Network  National Assn of Realtors (NAR) of Realtors (NAR)  Real Estate Board of Accredited Buyer Consultants (REBAC)
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4 Responses to A Note to the First Time Homebuyer

  1. Anonymous says:

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  2. Pingback: Buying a Home. . . | St Tammany Real Estate Information

  3. serrurier says:

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