In the last few years, homes have became increasingly owned by single homeowners. Many single people are realizing that there are many benefits to owning a home that aren’t just for married couples.
Single homebuyers face unique challenges in buying. They have to compete with dual-income households, which can be tough when the market is hot and competition is fierce.
But whether you are single or married, some real estate basics hold true. For example, the biggest decision factor for both continues to be the old and true — location, location, location. The neighborhood, price, and closeness to work, school, family and friends are important factors to consider in a home.
With the ever-present economic uncertainty and high home values in many areas, many single homebuyers wonder if they can afford a home. With rising interest rates, this is a valid worry.
In many areas, inventory is slim. Sellers are receiving multiple offers. If you find a home you like, you better be ready to jump on it.
Be ready. Spend time getting your finances in order. Compare different mortgages and lenders so that you find the best plan for you and your...
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