Contact Information
Lora Schyven North of 9 Real Estate Services - Royal LePage RCR Realty
Office: 519-925-2761 Fax: 519-925-6160
Region GuideWant to familiarize yourself with Dufferin County,Orangeville and the surrounding communties? Call or email today - I'd be happy to send you a North of 9 Region Guide, or answer any questions you may have.
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Buying a home is one of the biggest emotional and financial decisions you'll ever make, so prepare yourself to make a knowledgeable decision.
Although buying a home almost always seems like a great idea, it is important to understand what homeownership involves. Of course, being a homeowner is something to be proud of but it also means having to invest money, time and energy and take on added responsibilities and financial risk. So, before you decide to buy a home, make sure you're ready.
Here are some things to consider:
- Financial Security. If housing prices rise, your home can provide you with some financial security due to capital appreciation.
- Stability. Having a place of your own. Are you fairly certain you will not need to move to another area in the near future?
- Financial Stress. Coming up with the down payment, meeting regular mortgage payments and other ongoing costs will tie up a lot of your cash, and can put considerable stress on your finances.
- Maintenance. Keeping your home in good shape requires time and money. Do you want to take care of home repairs and improvements?
- Responsibility. You alone are responsible for payments, repairs and maintenance. Do you want handle the financial responsibility of a mortgage?
- Flexibility. You can decorate or renovate your home to meet your own family's personal tastes and needs.
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