Smart Young person… planning for the future.
November 9, 2011 at 2:25 am Leave a comment
I spent a delightful hour with a young person yesterday afternoon. He is now a registered nurse and wanted to know how to plan for his first real estate acquisition. The following are a few of the subjects we covered:
- what is the home buying process
- how much home should he buy
- what reserves should a person have in addition to accumulating a down payment
- how to establish credit
- looked at personal life style goals to determine the type and location a a future home purchase.
No, he is not ready to buy a home for at least a year, but we agreed to meet on a quarterly basis and review his status. That is what every young person should be doing. I enjoy meeting with young people who are just starting out as well as with those that have questions about selling their home of many years and downsizing for retirement.
As a real estate broker for over 35 years and also being a Certified Financial Planner ( I only sell real estate) I bring a different perceptive to the real estate buying and selling process.
Calls and e-mails are always welcome. There is no charge for a visit:)
Nick Petra
Arizona Real Link/Priority One
602-989-1592
petra@azreallink.com
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