Looking To Buy? Best Cities for First-Time Home Buyers
Buying a house for the first time is daunting and all the paperwork & forms can be intimidating. Nevertheless, applying for a mortgage is a good financial exercise that among other things forces you to pay attention to your personal credit, which increasingly has enormous impact on your financial life. However, beware of generalizations you read in the financial press like “Best cities for first-time home buyers”! You don’t buy an entire city or a real estate market, you buy an individual property which is why it’s so important you do all the necessary due diligence to make certain you buy wisely—buyers have the most control in any transaction, so do your homework before you sign a purchase contract.