Reference / Real Estate Series

Your First Home

Kimberley Marr

Buying Your First Home: whether a condominium, townhouse, single family dwelling, or other type of abode, is often the single largest purchase in a person’s life. But just how confident do you feel that you know what you’re getting into? When you're looking to buy your first home, who can you trust? Brokers, bankers, realtors … everyone's biased in their own way. How do you understand what you should look for in these professionals, and what you can or should do yourself? How do you understand how much a mortgage will actually cost, how it works, and how to pay it off quickly? Why do you need a notary or a lawyer? Is mortgage insurance worth it? This multitude of questions can be overwhelming for first-time purchasers, even for people who’ve purchased property in the past. Your First Home: A Buyer’s Kit alleviates some of the stress of buying a home by explaining what you need to know about buying your first (or second) place.