Home ownership has always been considered an essential part of the American Dream.
And while it may be getting harder to accomplish—especially for the millennials—it’s still pretty high on the list of goals. If you’re going to do it, make sure you do it right by doing your homework and asking the right kinds of questions:
- What can you afford?
- What do you want in a home, and what do you really need?
- What does "location, location, location" really mean?
- How do I decide what to offer on a house?
- What exactly does the closing process look like?
While it’s hard to ignore all the financial implications of making such a large investment, there are, of course, the equally important issues related to life, family and relationships that arise in buying a home.
And quick postscript to all you millennials out there who want to buy, but feel like the cards are stacked against you...hit up the app store on your phone and put all the tools and technology at your fingertips to use to help you find the best deal possible.
And remember, the American Dream is still very much alive and achievable.
“Better Off” is sponsored by Betterment.
Have a finance related question? Email us here or call 855-411-JILL.
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"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.