Vanguard Realty Associates

Vanguard Realty Associates


Your First Home: Can You Afford It?

Filed under Buying a home, Home Buyers on Oct 05,2017 |

If you’re dreaming of ending your life as a “rent” and becoming a home owner, you may be obsessed with browsing real estate listings, visiting open houses and finding the perfect home. But, be sure you are equally obsessed with crunching the numbers to confirm that buying vs. renting is a sound financial decision.

According to this very helpful article in the New York Times, it’s important to be clear about your spending habits, current financial obligations and debt. You’ll need funds for a down payment and closing costs, and should do the calculations to determine what your dream home may require in the way of repairs or ongoing maintenance. It’s a lot to consider – but time spent with your calculator now, can reward you with peace of mind going forward. Vanguard Realty Associates can make it easier by helping you understand the numbers related to your home purchase. Call us and let’s do some figuring together!

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"I worked with Donna Brun for the past year to sell my home in Cold Point Manor. The real estate market has not be optimal for sellers. I have to share it was a pleasure to work with Donna. Her commitment and honesty were important to me. She cares about the work she does each day which I find so valuable and refreshing in business today. I would highly recommend Donna Brun to help you with your real estate needs." - Scott Passman

Scott Passman


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