How Do You Buy A Home In Charleston South Carolina?
• Be across the six major steps in the buying process. These are: • 1) Understanding Your Goals • 2) Determining What You Can Afford • 3) House Hunting • 4) Submitting an Offer • 5) Post Ratification Action Items and • 6) Closing the Deal will be addressed in this guide. • Understand your goals. Purchasing a home is a valued investment which can have many financial advantages. Generally homes appreciate in value which means each monthly payment you make is an investment in your future. But even if the home doesn’t appreciate (rare but it is dependent on length of ownership and market dynamics) you will benefit from tax benefits (you can deduct both the interest on home mortgage payments as well as the cost of property taxes). Making payments toward a mortgage is an excellent way to establish a good credit rating. • Realize the emotional gain. For many the knowing that you are free to decorate, keep pets, paint etc. is the most satisfying element of home ownership. A special sense of se