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Buying in a New Community: How to Meet and Make Friends with Your New Neighbors

June 8, 2023 by Regine Lane

Buying in a New Community: How to Meet and Make Friends with Your New NeighborsOne of the stresses of moving to a new area is giving up the familiarity that you have with your old neighbors and starting from scratch. Whether you’ve just moved to a different locale or you’re planning to relocate in the near future, there are some easy ways that you can make a home of your new neighborhood right from the start.

Stand Up and Smile

While there are neighborhoods where people are definitely friendlier than others, by making your presence positively known you can make an instant impression on those that live around you. When you’re walking around the neighborhood, make sure you use it as an opportunity to engage with your fellow dwellers by throwing a smile in their direction, saying “Good Morning!” or paying attention to their children or their pet. It may not start a conversation right away, but if you see each other a few more times you might soon have a new fast-friend in the neighborhood.

Become a Community Member

If you happen to have a community center specific to your area, it will be even easier to meet the people who live in your neighborhood and make friends with some of them. Look into the offerings of your local center and find some classes or events that appeal to you. Whether it happens to be a craft festival or a fitness class that interests you, this will not only help you meet new people, but will ensure that their interests are aligned with your own so you’ll have some new pals to pursue old hobbies with.

Knock on the Door!

This is definitely the most assertive of options, and seems a throwback to another era, but instead of leaving meeting people up to chance, bake a cake or a batch of cookies and take them over to your new neighbor as a gesture of friendship and kindness. Your neighbors will probably love the baked goods, but this can also be the first step in forming a relationship with them that will come to be one you can both rely on.

When it comes to a new neighborhood, forming new attachments can seem all-but impossible, but there are things you can do to begin a bond right from the start.

Filed Under: Home Buyer Tips Tagged With: Buying A Home, Home Buyer Tips, Moving Tips

How Young Is ‘Too Young’ to Buy Your First Home? Getting Started Early Has Its Ups and Downs

April 12, 2023 by Regine Lane

How Young Is 'Too Young' to Buy Your First Home? Getting Started Early Has Its Ups and DownsMany millennials are expected to enter the housing market in the next year with the interest rates still low. However, while it may be a good time, it does not necessarily mean that it’s the right time for you to make the investment. If you’re currently weighing your options when it comes to home ownership, here are some things to consider before you decide put the money down.

Are You Struggling With Student Debt

It’s possible to invest in a home when you’re still paying down student debt, but if you’re also struggling with a low-paying job and a high debt load, it may not be the right time to buy. Instead of trying to make ends meet to pay a monthly mortgage payment, it might be a better decision to pay off some of your debt, lower your interest costs and consider investing later on. This will also enable you to afford more home when you decide the time is right to buy.

Do You Have A Down Payment?

It can be a good testament to your financial ability if you want to purchase a home at a young age, but having a down payment is one of the most important things to have on hand when it comes to investing. If you’ve come up with 20% of the purchase price, this will allow you to avoid mortgage loan insurance. If you don’t have this amount, however, or much of anything saved up, you may want to create a budget in order to save up for your down payment.

Are Your Ready To Commit?

Many people romanticize the idea of buying a home since it’s something that really belongs to them, but it’s important to be prepared for the monthly mortgage payments, home maintenance and all the other fees and responsibilities associated with home ownership. It’s great if you want to invest, but if you want to travel or explore different job opportunities or even continue your education, an investment commitment may not be the best choice.

It can be a great financial benefit for your future to invest in a home at a young age, but it’s important to ensure you’re ready for the commitment by having your debt paid down and having money saved.

Filed Under: Home Buyer Tips Tagged With: Buying A Home, Home Buyer Tips, Real Estate Tips

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