What to consider before starting the home hunt
LA TimesBuying a home for the first time is one of life’s sweet milestones. “Finding a home within our budget that also fit our needs.” Even when you are prepared, “you have to be nimble and expect nearly everything is not going to go your way,” said Courtney Northrop, 31, who scored a North Hollywood home. “This process needs to be more universal, transparent and comprehensible to the average potential buyer.” To help you snag your first home, we asked Times readers to share their biggest questions and hurdles, then talked to housing experts, financial advisors and successful home buyers for advice. Business The Great SoCal House Hunt Buying a home for the first time is one of life’s sweet milestones. The Consumer Financial Protection Bureau, which Congress established to help consumers after the subprime mortgage meltdown, says it can be “risky and expensive” to buy and then “move again within a few years.” Daryl Fairweather, chief economist with brokerage Redfin, gave a more specific timeline.
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