5051 Old State Highway 90, Conway
Listing courtesy of Listing Agent: Ryan Korros Team (Cell: 843-455-6580) from Listing Office: RE/MAX Southern Shores.
Call/Text: Gary @ (843) 251-7853
Real Estate Company
Is buying a house in your near future? Buying a house is an exciting and nerve-wracking experience for anybody, whether it's your first time, you're an investor, or you're wanting to upgrade. Some people mistakenly believe that buying a house is much like renting, except that you get to keep pets and do things like paint the walls and put in new appliances. These advantages are accessible to homeowners, but they also come with responsibilities such as paying a mortgage and taxes and maintaining the property. Planning for homeownership requires an examination of both financial resources and personal goals. I have included a list of questions you should answer and a detailed guide to the home-buying process to help you get started after you have made your selection.
You need to be prepared to keep up with your property throughout the years, knowing that a portion of your income and your time will likely go into repairs and maintenance, rather than just being able to enhance or decorate whatever you wish. It has to do with being willing to take on the responsibilities and potential benefits of homeownership.
It's disheartening to learn that you can't afford the house of your dreams. However, if you must spend a large portion of your income on the mortgage alone, becoming a homeowner may become more of a financial burden than a source of joy. It's wiser to start with a smaller house and save up for the one you really want over the course of a few years.
Financial institutions take this very seriously. You shouldn't have more than 40 percent of your income going toward debt payments, with a maximum of 32 percent going toward mortgage payments. Where you reside will have a significant impact on how much you can afford.
Now that I have the answers to some preliminary questions, I can walk you through the purchasing process. It may seem daunting, but I will be there to guide you through each stage.
Now is the time to find out what is currently offered. Using our MLS Search, you may look for available Grand Strand real estate properties.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2024 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.