First time home buyers beware... Plan early

[-RJ3-]

My buddy, who keeps me up to date on real estate tells me to keep ahead of trends, and to plan ahead of the hidden costs..


Here is a link he sent me... Looks like I gotta save up more than DP

http://finance.sympatico.msn.ca/banking/mortgages/article.aspx?cp-documentid=20007783

[yearoftherat]

Good information to know....thanx

[DumpInfo]

:agree great info!

[MistaChin]

Thanks! Great read!

[SilentJay]

Thanks :)

Looks like my days of spending on the car are coming to a quick conclusion :( *sigh*

[AskClaudio.com]

A good real estate agent should be able to educate you and inform you of all the cost associated with purchasing. Also a mortgage professional, like myself, can educate you and inform you of all the costs associated with such a purchase and the costs involved in refinancing.
When the paper work gets down to the lawyer's office, each client should know what the costs should be prior to meeting with the lawyer, otherwise you are ill-informed.

[AskClaudio.com]

View my website for additional and helpful information:
www.mortgagecentre.com/claudiomoreira (http://www.mortgagecentre.com/claudiomoreira)

Any questions at all, please feel free to contact me to discuss.

[3GFX]

Thanks RJ, I plan to buy very soon.

[Reegs]

Sweet, thanks a lot. I may need to re-think those Speed3 Rims I wanted to buy!