What to Consider When Buying a Home
You should not lose sight of the fact that you are buying a house to live in, to be your home. This is your primary objective and one which you should keep in mind during the entire process. Your home should meet the needs of you and your family and should have the appropriate number of bedrooms and bathrooms and should not require more renovation or maintenance than you are able and willing to provide. It should be in an area that is convenient to your work, to shopping, to friends, family and to those with whom you associate. Richard S. Weinstein is the real estate attorney you can trust.
You must be able to afford the monthly mortgage payments, which often includes 1/12 of the cost of your annual home insurance and real estate taxes. You must also provide for the cost of maintaining your home; while new homes usually come with a new home warranty, the ongoing costs for repairs of a re-sale are inevitable.
Many people consider real estate as an “investment.” While it is possible that the value of your new home will increase, it is also possible that your house will go down in value. Ups and downs in the real estate marketplace are a natural phenomenon. But if you are buying your house as a place to live, the value on a day-to-day basis should not be a concern. The primary objective in buying a home is to provide security and shelter for your family, while not being stressed with the costs and responsibilities that go along with it. Both factors will meaningfully affect your quality of life.
Richard S. Weinstein, P.A., has years of experience guiding Florida home buyers through the real estate purchase experience and have helped them solve the problems that come up in the process. We will decipher the “legalese” and explain what we need and why we need it each step of the way. The blogs to follow will address specific issues to guide buyers to better understand the process and to help them avoid many of the pitfalls. Call us: (561) 745-3040 or visit his website at rweinsteinlaw.com.
Law Office of Richard S. Weinstein, P.A.
250 S. Central Blvd. #101
Jupiter, FL 33458
Phone: (561) 745-3040
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