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Every once in a while, the stars align and things fall perfectly into place. That’s the case right now, with tax returns and stimulus checks coming in just in time for the spring home buying season! With a little planning, you can use this income to put together a down payment for your next home.
First-time home buyers shouldn’t wait to get started on buying a home.
Once marked as “the lamest generation” by The Daily Beast because they were too “self absorbed” to consider getting married and starting a family, millennials are finally getting up on their feet and becoming the leading home buyers in U.S. According to National Association of Realtors, those born between 1980 and 1995 represent 30 percent of the total home buyers. Since they comprise such a major part of potential buyers, it is important to meet their needs and desires. The sellers should be aware that updated bathroom fixtures and hardwood floors might have been pleasing for their parents, but millennials want their homes to have some other features too. Here are some of the things that could be decisive for the purchase.
The Not So Big House In the “bigger is better” world that we live in, it can sometimes feel like a small house is just not going to help you keep up with appearances. Far from being low-budget knock-offs of the American Dream, a small house can be a very sound investment, especially as your first home.