Buying A House

Buying a House

Home Buying

Mortgage Payments

Steps To Buying

Financial Help & References

Your Biggest Purchase

So you’ve decided to buy a house. This can be one of the most rewarding experiences of your entire life. Nothing feels quite as good as the pride of owning the place you call home. But the process can be overwhelming but if you have Purse Strings Approved Professionals on your team, they can make it smooth experience. 

You are to be congratulated if you’re at the place in your life where you’re considering this – it’s a huge milestone in your life. And if you’re doing it as a single woman, we’re even more proud of you!

Homeownership provides the financial security to safeguard women’s progress, and paves the way for future generations. With college degrees and higher earnings, women have increased their home buying activity and buying power. More single women purchase homes than single men, so you’re in good company.

We’re going to cover all the things you need to know to make this process go as smoothly as possible, but every situation is different. This is without a doubt the largest purchase you’re ever going to make, so it is one that you should approach with honesty and care. We will discuss the various costs involved with buying a home. Next, we’ll give you some steps to take to prepare for your home buying journey. A Purse Strings Approved Provider can help you calculate how much home you can afford.

Nothing really compares to the pride of home ownership!

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Here You
Will Learn

  • How to determine if buying a house is a good financial investment for you.
  • Considering ALL the costs involved with buying a house.
  • How to prepare to make the biggest financial decisions of your life.
  • Calculate what you can afford for your homeownership.
  • The best places for women to buy a home.
What You Need to Consider.

Purse Strings is here to help you make educated choices about the best way to use your money and empower you to take your financial futures in your own hands. The decision to purchase a home can be one of the biggest purchases you make. But, home ownership is an investment that can really pay off. Consider these five factors to help make the right decision.

Debt. Do you have significant credit card debt? Then consider talking to a Purse Strings Approved Professional to help you take a look at your debt and still achieve your goal of buying a home.

Savings. There are loan programs for financial and down payment assistance and other options like negotiations to get sellers credit. Some people think they need to wait until they have 20% of the purchase price for a down payment; however, waiting to save this amount may cost you in the long run. Your Purse Strings Approved Professional can help assess what is best for your situation. 

Stability. Everyone is a lot more mobile these days and are not sure if they should purchase a home. Do you envision moving within three to five years? Some people consider moving and renting their home as a way of building equity in their home ownership. Your Purse Strings Approved Professional can help assess what is best for your situation. 

Income. A reliable and steady income is needed to qualify for a loan. Types of income can include your salary/ wages, self employment income, alimony, child support, social security and trusts.

Responsibility. Home buying is a big process and a decision that should be made with a Purse Strings Approved Professional Realtor and loan officer. Understanding all the cost that go into a home purchase is important.  

Did You Know

More than one in five home buyers is a single woman, and twice as many unmarried women are buying homes than single men. Single women make up more than one-third of the growth in real estate ownership since 1994.

Course Content