“Ask Your Mortgage
To All First Time Home
Buyers….Some Helpful Tips To Successful Homeownership
The First Time
Home Buyer Tax Credit has officially expired. Many new homeowners
have purchased their first home. Are you prepared for this
responsibility? What can you do to ensure success in owning a
home? Life happens and we are rarely ever ready for what comes
along. Being prepared and knowing what you plan to do and how to
react to those emergencies will help you with your decisions.
wisely how you will spend or save your $8000 tax credit. Saving
some of this money in case of an emergency should definitely be a priority.
getting an insurance policy that will cover your mortgage payments in the event you lose your job or are unable
Third, if you do
not already have a home warranty, you may consider a home warranty that will cover major appliances and defects
that you are not aware of when you purchased the home.
investment is important to successful homeownership. Your home is
your investment and making the right decisions concerning your home, your mortgage, and your protection of this
investment shouldn’t be taken lightly. Make sure that you work with
professionals in each industry to ensure that you are getting the best options available for your personal
protection and peace of mind.
Now, some advice
for the future. Many homeowners got themselves into trouble by
refinancing their homes over and over again, each time extracting equity to purchase non-appreciating
assets. This has caused many homeowners to struggle and even go
into foreclosure. Refinancing your home can be a benefit and can
help you build wealth if done with the right mortgage strategy, but can be detrimental if done
incorrectly. Seek the help of a Licensed and Certified Mortgage
Professional that will guide you through the process of determining if refinancing is a benefit, depending on
your personal financial situation.
Enjoy your new
home and the opportunities that homeownership builds for your future.
If you have questions
or comments please email them to email@example.com
Call Andrew today at
Andrew W. Conner NMLS # 245474
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