How to buy your first home in a hot housing market

How to buy your first home in a hot housing market


DASH: MULTI-GENERATIONAL HOMES HAVE LONG BEEN A NORM HERE IN HAWAII – BUT WITH HOUSING JUST NEED TO ACT FAST. MARISA: THOUSAND DOLLARS – UP MORE THAN 30- THOUSAND DOLLARS FROM THE SAME TIME 30-THOUSAND PLUS JUMP…MEDIAN PRICES CLIMBING TO 407-THOUSAND BUCKS. DASH: SO WHAT CAN YOU DO IF YOU’RE LOOKING TO GET follow. First … Get pre-qualified. the technology to help you find a property that best meet your needs. And third, educate yourself. should be the priorities? I think about what is look at what lifestyle the property provides you. Matching that lifestyle up to the needs that you have and what are the Of course on the biggest concerns for a first time 20 percent isn’t set in stone. TAKESUE 1:19 “Yeah we have 10% down program is 5% down programs and even some areas for its hundred percent financing available depending where the area is Lower down payments could result in a higher interest rate or condominiums with single- family homes, you also need to look at maintenance fees or homeowners association fees, and what they cover. 2:06 “Many of these projects are including packages with cable and Internet and Internet speed matters to the millennial’s so if it includes that hey it’s a wash. You’d be spending that if you bought a single-family home without your homework. While they may be less expensive on the front end .. They can become money pits over time. And when it comes to millenials, Takesue says the home itself isn’t necessarily the top priority. proximity to other entertainment facets of their lifestyle”. TAKESUE 2:51 “Definitely, we grew up in a generation where parents bought their first home and are still in that same home. 2:57 BUTT TO: 3:10 “I say look at 5 to 8 years . And then being willing to graduate to the next level property over time and In the meantime he says … Pick a place that fits your budget … And, especially for millennials … One that fits FOR MORE TIPS AND INFORMATION FOR FIRST

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