First,Time,Buyer,Last,Buying,y DIY Is A First Time Buyer A Last Time Buyer?
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Buying your first residence is an exciting undertaking, but it can also be quite challenging. You may have a list of things you "must" have, but many buyers overestimate what they really need, while underestimating what it will cost. The reality is that most first time buyers today won't be buying the residence they will eventually retire in. There may be two, three, or more purchases between their original residence and their final one.Growing Families Need More SpaceA young couple planning to start a family will want to invest in a residence that has room to grow, has an open floor plan, a large yard for children and pets, and more. Down the road, a large yard to maintain may not be as attractive. Retirees often want to downsize their living quarters, because they don't want to maintain rooms that are rarely used. When shopping for a residence, the focus should always be on the needs of the present and the immediate future, not what might happen ten or more years from now.Lifestyles Change As You AgeIf you're a single buyer working on your career, you may look for a place to live that's close to downtown and city hotspots. As a new parent, you may look for a place in the suburbs, close to good schools, parks, and family oriented activities. When your nest is empty, your housing needs will change again, as you start to downsize.Career Advancements May Force You To MoveSometimes fate has a way of changing your dreams. Many people who buy their dream abode are stunned when their employer transfers them across the country, or to another city, just a few short years after they've settled into their new place. If this happens, they have to let go of their dream location, and move on to a new neighbourhood or city.Why Buying A Starter House Is An Excellent IdeaYour initial residence may not be your final one, or your dream come true, but these days it's an excellent investment. Creating a place that's a haven for you and your family will give everyone a true sense of belonging, and shelter everyone for years. Article Tags: First Time, Time Buyer
First,Time,Buyer,Last,Buying,y