With the housing market so explosive right now, there are a number of consumers who are looking to purchase a home. Prospective homeowners have a wide array of questions in regards to purchasing homes, and knowing what to ask and how to get that information can be a hugely challenging part of the process. —
Recently, Wealthy Nickel, a personal finance blog, partnered with Dallas-area plumbers Emergency Plumbing On Call in order to develop an all-inclusive list of the things that homeowners want to sort out before they decide on purchasing a home. Their post, featured on the Wealthy Nickel website, offers 21 things to know before buying a house.
The team worked together in order to connect with a variety of personal finance experts, real estate agents and other financial professionals in order to put together their list. As a result, there are pieces of advice from virtually every corner of the housing and finance worlds, which can be incredibly helpful for first-time homeowners who need the most extensive advice during their home search.
The list includes how to deal with paperwork, when and if consumers should get legal advice, learning about warranties and appliances included with the home, and other related information and advice.
One piece of advice, from Jesse Cramer (The Best Interest blog) discusses home purchases in relation to retirement: “I was excited to buy my first home because I saw it as a vehicle to build my wealth. And that’s largely true. Real estate is a significant stepping stone in building the average American’s net worth. But… The truth is that you should only count real estate as part of your net worth if it’s not your primary home or if you plan on downsizing prior to retirement. Otherwise, you’re selling yourself a false dream!”
The team at Wealthy Nickel hopes to put out a number of these blogs in the future. By connecting with other personal finance experts and aggregating information, the team at Wealthy Nickel is positioning themselves to be a one-stop resource for those who may be looking for the best options and advice in the world of personal finance.
Emergency Plumbing on Call is a local plumbing contractor that offers 24/7 service to homeowners and business professionals in the Dallas-Fort Worth metropolitan area of Texas. Learn more about them at their website, https://emergencyplumbingoncall.com/.
Wealthy Nickel is a personal finance blog written by a husband and father of two kids named Andrew. The well-respected blog focuses on providing information to consumers who want to get out of debt and find financial freedom in practical ways. More information about Wealthy Nickel can be found at their website, https://wealthynickel.com/.
Name: Andrew Herrig
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Organization: Wealthy Nickel
Address: 12021 Sunland St, Dallas, TX 75218
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