This week, Eugenia Evans of Evans Real Estate is sharing with us 5 Keys to Unlocking the Door to Home Ownership:
1. ‘Just do it’ is the iconic Adidas slogan but it works equally well in real estate. There will never be the perfect time or the perfect house.
2. Like in life, do not listen to what people have to say as this is when all the naysayers will come into your life. Hire and work with experts you trust and then consider their educated advice before making decisions.
3. Pay your bills on time as this is one of the biggest impacts on your credit rating. Lenders’ value and appreciate responsible borrowers and this is reflected in your credit score. If you don’t have a credit score or it is low, work diligently to create one and do not neglect those pesky cell phone bills as they are a relatively small amount that can have a huge impact on your credit score.
4. The earlier you start investing in real estate the more successful you will ultimately be and feel. You can then use one property to leverage yourself into another property if owning multiple properties is your goal.
5. Consider purchasing a property and sharing to help pay off your mortgage with perhaps extra payments. It does not have to be a forever proposition, perhaps set a five-year timeline as this is when your mortgage payments have the highest impact in reducing your interest payments.
Eugenia Evans
Broker of Record / Owner
Eugenia began her real estate career after the real estate shift in 1989 while starting a young family. She persevered and aside from being a consistent award winner with a large competitor she also managed a successful real estate office. Eugenia loves to read and understands its importance and so she started the Annual Big Book Sale with all funds donated to KEYS to Inclusion, a local charity for adults with intellectual difficulties.
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