Factors to Consider While Buying a Home

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What You’ve Done So Far ● You may have spent long hours surfing the internet looking for the prices of the properties or homes. ● You may also have searched for information about the location’s development where you’re interested to purchase a property or home. 2

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Did You Do This ● Have you asked yourself some important questions before buying a home or did you just missed them ● Let’s go through those 4 important questions further here :

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1. Can I Afford the Mortgage Payments ● Have a realistic budget. ● If you can’t afford it drop the option. ● Your comfort level for paying mortgage every month for the next 15 to 30 years. 3

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2. Location and Commute ● When you relocate considering your daily commute is important ● Are you flexible with the commute for traveling an extra half an hour ● Major places like hospitals and schools should be accessible. ● If the location is suitable for your family then traveling a few extra miles should not bother you.

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3. Planning to Stay Long-Term ● Plan according to your stay. ● Is your home at a desirable location that you can picture yourself staying in for a long period of time ● For long-term you may want to have easy access to restaurants coffee shops shopping malls supermarket and pubs. 4

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4. What are My Future Plans ● Keep your future in mind. ● Are you planning to have kids ● You’ll require an extra bedroom if you plan to give your kids. ● Will you be a caretaker for your aging parents ● You may want an easily accessible bathroom to the bedroom for your parents.

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Do You Have More Questions ● It is important to get all your questions answered before you buy a home. Drew Mortgage Associates have experienced loan officers who will not only answer all your mortgage-related questions but also guide you with the right approach. ● To know more about what questions to ask when buying home read this : https://www.drewmortgage.com/questions-to-ask-when-buying-house/

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DREW MORTGAGE BRANCH OFFICES: Drew Mortgage Associates 196 Boston Turnpike Road Shrewsbury MA 01545 Phone: 508-753-1656 Website: https://www.drewmortgage.com/ Peabody Mortgage Lenders 1 Mt Pleasant Drive Peabody MA 01960 Phone: 978 750-1080 Boston Mortgage Lenders 232 Commercial St Boston MA 02109 Phone: 617 523-3060 10

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