Hello everybody! Welcome back to Suburban Snacks, where we not only inform you of current Real Estate topics but also review a different food item every month! This month’s snack is… Coconut Macaroons! Before we review the snack, we’ll be informing you of 3 tips for homebuyers purchasing with friends or family. A growing number of consumers are exploring unconventional pathways to homeownership, including buying a home with a friend, family member, or partner, according to the National Association of REALTORS®. With rising costs, homebuyers may find pooling their money together can put homeownership more within reach. This strategy could help ease the financial burden of purchasing a home to some degree, but buyers should be prepared to navigate the potential risks. First, finalize and stick to a budget. Buyers should set their budget prior to their home search. The budget should include not just how much home they can afford but also how they will manage the additional expenses of homeownership, like closing costs, taxes, utilities, and maintenance. Second, establish how the property will be titled.
About the Author
Suburban Real Estate Group
Our team of experienced agents have facilitated the transfer of nearly $80 Million worth of Real Estate and currently manage over $30 Million worth of rental properties. By using the latest technology available in the industry, combined with their family values, buyers, sellers, and property owners can rest assured that their best interest is Suburban’s number one priority.
Leave A Comment
You must be logged in to post a comment.