For someone looking at getting into the real estate market (1st Time Homebuyer) who does not have job security or is just entering the job market.
1. Do not over-extend yourself - Buy something you can afford (ie: Condo's / Townhome)
2. Prepare to own this home for atleast 5 years
3. Expect fluctuations in the value of your home for the next few years
4. Budget for repairs and miscellaneous expenses
5. Take on a room-mate if possible
Last edited by 1stLand; 01-06-2011 at 05:15 PM.
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