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Andy and Danielle Mayoras - Tips on Buying Your First Home


























Important information you should know when buying your first home.

  • As a first time home buyer, what is the most important thing to consider?
    - Don’t Let Your Emotions Carry You Away

  • How do I know if I can buy a home and not be 'house poor'?
    - Work with a Mortgage Broker Before You Start the Buying Process
    - Plan For the Unexpected

  • What is the legal process for buying a house?
    - Everything Should Be In Writing
    - When Offer is Accepted It Becomes a Purchase Agreement

  • What do buyers need to know about preparing the offer?
    - Make Sure Nothing is Left Out

  • Is there anything in particular you should look for when you check over the purchase offer?
    - Inspection Clause is Critical

  • Why is titling the house important?
    - Titling Is The Legal Way You Own The House

  • What are some of different ways you can title the house?
    - tenants in common
    - tenants with survivorship rights
    - in a trust

  • Why is this so important to worry about now? Why not down the road?
    - Decide on Titling Before Closing



Get more estate planning information from Andy and Danielle Mayoras at TrialandHeirs.com and on twitter at @TrialAndHeirs.



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