Should you skip the starter house?

Should you skip the starter house?

Gone are the days when a three-bedroom, two-bath starter home was the norm for first-time homebuyers. Today, many buyers are skipping that stage altogether and going straight for their dream homes. They’re buying bigger, more expensive properties with upgraded features, and they plan to live there for the long haul.

Not sure which type of property you should look for? Here are a few things to consider:

Why are you buying?
Are you mainly looking for a way to lower your monthly living expenses, or do you want a place to raise your kids and put down roots? Do you want this to be your only purchase, or are you willing to go through the process again in a few years?

What’s your budget?
Can you buy your dream home with what you can currently afford, or would that stretch your budget too far? It’s crucial to consider how much you’ll need to save for a down payment and how large of a loan you can qualify for. Your credit score and the expected interest rate will also play a factor.

How long do you plan to stay? 
Do you plan to be in the area for a long time or is there a chance you’ll need to move for your career, family or another reason down the line?

Is the market favorable?
What is the current housing inventory, and will you be competing with other buyers? Favorable market conditions mean you’ll get more house for your money, making it an ideal time to purchase a forever home.

Get in touch today if you’re ready to buy a new home. If you’re unsure about a starter home or forever home for your family, we can discuss what options are available to meet your needs and long-term goals.

Open House Thursday is Here! Sept 13th, 2018

Buckeye Ranch for Sale
22137 W. Watkins Street, Buckeye

OPEN HOUSE THURSDAY SEPT 13TH FROM 6PM – 7:30PM

Remodeled Ranch in Rancho Sunora. Over an acre lot. Three bedrooms. Both baths have been updated with all new fixtures. Anderson energy
efficient windows. Custom kitchen with large prep island, double convection ovens, induction glass cooktop, under-mount sink under cabinet lighting. All appliances stay. Crown molding. Diagonal 20” tiles in living, dining, kitchen. huge master bedroom with walk-in closet, dressing area and custom steam shower with multiple
body sprays. Newer roof and exterior paint. Dual AC units keep the house cool and energy efficient. Kinetico water softener.

***  Horses, RV Parking and NO HOA  ***

More information at https://www.facebook.com/joearizonahomes/

Buckeye Ranch for Sale
Additional Patio Out Back