First-time Homebuyer? Follow These Steps

Is homeownership a goal of yours? It does offer some benefits, in addition to meeting your basic need for shelter.

The equity you build in your home can be a valuable financial asset, and you may get to deduct your interest payments on your taxes. But if you’re a first-time home- buyer, what steps should you take?

First, make sure the time is right for you in terms of your personal and financial situations. For example, are you fairly con- fident that your employment is stable and that your earnings won’t decline? Of course, external events can also play a role in your decision. A rece...