Single Ladies Buying Homes
It’s
becoming increasingly apparent that a greater number of women are now taking
the reins when it comes to home purchases. There’s a growing trend among
single women – and, more precisely, professional single women – who are
becoming independent homeowners. While many of them may be putting off
marriage, they’re not waiting around for Mr. Right before taking the plunge
into home ownership.
Women
are looking for ways to become financially independent, and investing in real
estate and building equity for themselves are ways to invest in their future –
building financial security.
Women
are taking advantage of historically low interest rates and recognizing home ownership is often more affordable than renting.
Seeking expert advice
One
of the amazing things about women looking to invest in real estate is that
they’re getting more advice before they make the decision to enter the market.
They’re seeking out mortgage experts and real estate agents, and building a
plan for the perfect entry into the market. They’re making lists of areas in
which they’re interested in purchasing, itemizing amenities they would need in
their ideal neighbourhood, ensuring they have all the facts around closing
costs and fees associated with making the purchase, and securing a mortgage.
Buying
a home is likely one of the largest purchases you’ll ever make in your
lifetime, and can feel overwhelming. That’s why working with a professional
mortgage agent, real estate agent, home inspector and so on is essential.
You’ll be working with these professionals closely – possibly for months – so
interactions should feel comfortable, and they should be knowledgeable and
responsive even to the smallest question.
The
more prepared you are, the smoother the experience will be so do a little
research on your own over the Internet to get a good idea of what types of
properties and areas are of interest to you. Make a list of questions to ask
your mortgage
agent or realtor – and keep it on hand so you can add to it as more
questions arise.
Interest
rates are the lowest they’ve been in history and they have nowhere to go but
up. Industry professionals believe that as rates begin to rise, they’ll
continue to rise for some time. There has never been a better time for women to
make the decision to get into the real estate market to find the perfect place
to call home.
Contact
me today for a free discrete and informative evaluation of your current
mortgage needs @ andreajohnston@mortgagesbyandrea.com . Can you afford to wait?
