Being a part of the Sandwich Generation comes with its challenges – but it also might come with one truly great perk. If you’re looking to buy a home, your caregiving situation can actually make it a bit easier for you to afford a home.
If you’ve been waiting to make your move, the recent downward trend in mortgage rates may be enough to get you off the sidelines. Rates have hit their lowest point in months, and that gives you the opportunity to jump back in before all the other buyers do too.
There are a lot of factors that go into deciding whether to buy an existing home or a newly built one after you sell, but it’s essential in today’s market to understand the opportunities you can find in both.
By using these strategies and focusing on your savings over time, you can make sure you’re well on the path to having what you need to buy your first home.
Because there are more buyers this time of year, you’re in a great spot as a seller. Buyers trying to time their move with the school year may need to delay a bit or move faster.