{"id":26720,"date":"2015-02-10T11:00:03","date_gmt":"2015-02-10T18:00:03","guid":{"rendered":"https:\/\/movinginsider.com\/?p=26720"},"modified":"2018-11-26T12:15:38","modified_gmt":"2018-11-26T19:15:38","slug":"buying-first-home","status":"publish","type":"post","link":"https:\/\/www.uhaul.com\/blog\/2015\/02\/10\/buying-first-home\/","title":{"rendered":"Buying Your First Home"},"content":{"rendered":"

\"buying<\/a><\/p>\n

Buying your first home\u00a0is just like you see on TV. You look at three homes, pick the one you want, put in an offer and become a homeowner, right? Wrong. Buying\u00a0your first home takes quite a bit of stamina, desire, and commitment to get through a very time consuming and complicated process. But it is so very much worth it in the end. After buying\u00a0my first home about a year ago, I have a few tips of my own to ensure your dream home becomes a reality.<\/p>\n

\"buyingPrepare\u00a0for tedious paperwork<\/h3>\n

After finding the right loan<\/a>, you\u2019ll need to be ready to devote a large amount of your time to this process. Between faxing in documents, signing paperwork, and emails back and forth between your mortgage banker, it is going to feel like a second job. This can take a toll on anyone but it is very important to stay focused on the prize.<\/p>\n

TIP: Set yourself up for success by creating a folder with all your home documents ready at your disposal. Keep a file on your computer with all correspondence and documents so they are easily available.<\/p>\n

Watch your spending<\/h3>\n

Being financially conscious\u00a0during this time is very important. Keep in mind; you are borrowing quite a bit of money to purchase your first home so every detail about your financial history is going to be under review. Sound scary? It doesn\u2019t have to be.<\/p>\n

TIP: Plan to buckle down during the process. This means no large purchases or shopping sprees for the next few months. You\u2019ll survive, I promise.<\/p>\n

You’re responsible for maintenance of the home<\/h3>\n

Buying a home might seem like a no-brainer if your mortgage payment would be less than the rent you’re paying. But that comparison doesn’t account for other costs of home ownership, including down payment, mortgage-related fees and home maintenance and repair expenses. Plan to budget accordingly<\/a> considering all these costs.<\/p>\n

\"buyingTIP: Create a spreadsheet with all of your bills to keep track of the due dates. As stressful as buying a new home and moving in can be, you don\u2019t want to forget to pay one.<\/p>\n

Congratulations!<\/h3>\n

When you can finally see a light at the end of the tunnel, you can take a deep breathe and smile because you just purchased your first home. You’re finally ready to pack up the moving truck<\/a> and turn this house into a home!\u00a0You can actually paint the walls and not get in trouble or hammer in as many nails as you can without worrying about a security deposit.<\/p>\n

Do you have any tips to share on purchasing your first home? Are you going through the process now? Let us know in the comments below!<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Buying your first home\u00a0is just like you see on TV. You look at three homes, pick the one you want, put in an offer and become a homeowner, right? Wrong. Buying\u00a0your first home takes quite a bit of stamina, desire, and commitment to get through a very time consuming and complicated process. But it is […]<\/p>\n","protected":false},"author":198,"featured_media":26762,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9,198,7],"tags":[1608,629,265,1607,2169,174,184],"class_list":["post-26720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moving-2","category-planning","category-tips-tricks","tag-buying-your-first-home","tag-first-home","tag-home","tag-homeowner","tag-planning","tag-tips","tag-u-haul"],"_links":{"self":[{"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/posts\/26720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/users\/198"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/comments?post=26720"}],"version-history":[{"count":2,"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/posts\/26720\/revisions"}],"predecessor-version":[{"id":49013,"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/posts\/26720\/revisions\/49013"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/media\/26762"}],"wp:attachment":[{"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/media?parent=26720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/categories?post=26720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uhaul.com\/blog\/wp-json\/wp\/v2\/tags?post=26720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}