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A Guide to Home Ownership

From mortgage loans to location, learn key tips on the purchasing process.

Presented by July 1, 2016

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Let the house hunting begin! For most people, buying a home is one of the most important decisions they make in their lifetime. We at The Real Estate Group know all about the ins and outs of home ownership and are here to help you on your journey. For a more in depth look at your buying situation, you can visit our website at www.therealestategroup.com.  

Determine what you can Afford

Before you begin the process you would need to find out how much you can afford to purchase. There are many websites like Zillow that have mortgage calculators that can help you with this process. Or you can meet with an agent to get the most accurate snapshot of your buying environment. 

Mortgage Loans

We know this can be a frightening process for most, but you can master it! The first thing you would need to do is shop around! Yes, just as if you were shopping for a car it’s important to shop for a loan. Never choose the first option you hear! Always compare prices with other banks to see other options that are out there. Negotiating is also a good thing to do when shopping around. Use different bank offers against each other and get the best deal. It never hurts to try! 


Interested in a particular area? Make sure you are thinking for the future when you plan which area you want to live in. In a year or two, having a kid can be in the picture more than you think. Checking out schools around the area can be a key factor in your decision.

House Hunting

Now to the fun part. Whether you have already built your dream home in your head or you have no idea what you want, the house hunting process will give you an idea of what you can afford and what is just downright unrealistic for your price range. Having an agent can be very beneficial when finding the right home to fit your needs.


Through it all, have fun with the process, do your research and make sure you know what you’re getting into. Aside from your monthly mortgage you will also pay closing fees, taxes, insurance and a host of other upkeep costs on your home. Be aware of the hidden costs and do your research to avoid financial burdens in the future.   



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