In thirteen pages the necessary steps to home purchase are discussed along with home ownership costs, financing, and home selling issues. Four sources are cited in the bibliography.
Name of Research Paper File: D0_MThomebu.rtf
Unformatted Sample Text from the Research Paper:
own, especially if thats something involves four walls with furniture on a plot of land. However, while owning a home is the
dream of many people, there is sometimes a lack of understanding in terms of how to go about realizing this dream. Along with the advantages of buying and owning
a home comes some downsides and costs, and the potential homeowner needs to be aware of these. The purpose of this paper
is to try to take a potential homeowner through the costs and advantages of housing expenditures, more specifically, buying a home, refinancing and already-owned home and selling a home.
By the end of this paper, it is hoped that the reader will have a better understanding of the rather complex process involved
when it comes to housing expenditures. As with most things, there are many hidden costs when it comes to purchasing a home, and the potential homeowner needs to be aware
of those costs before he/she begins the process and finds out when it is too late to back out. Steps in the Home-Buying Process
For most of those who are new to the home-buying process, there is the rather simplistic assumption that someone shops for a home, finds a home that he/she
likes, places a bid on it, signs the contract and is handed the keys. While this is certainly the framework of home buying, it is actually a great deal
more complex. Many first-time buyers are surprised when they find out how complex the purchase of a home can be. In fact,