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Being a first time home buyer in Syracuse, NY can be pretty tough if you’re new to the city or living in New York in general. Lucky for you, finding the perfect reason to finally convince yourself to start buying a home in Syracuse isn’t particularly difficult, and the best property for you might be just around the corner!

What’s the difference between mortgage preapproval and mortgage prequalification?
Purchasing your dream home requires you to consider a number of things. There’s location, property, budget, and mortgage.

Many first-time home buyers look to living in Syracuse as a great place to settle down. One of the five cities that make up upstate New York, the Syracuse, NY lifestyle still makes itself known alongside their bigger siblings, New York City, Buffalo, Albany, and Rochester.

The purchase of a home is a big milestone in many people’s lives. But how should you decide whether to rent or to take the plunge and buy a home?

If you’re looking to buy a home, you’re probably preparing yourself for the big financial decision you’re about to make. In the Syracuse area, the median home price is about $150,000, so this is definitely not the kind of purchase you make on a whim.

The home buying process can definitely feel overwhelming, especially for first time home buyers like you. From determining your budget, understanding how mortgage loans in New York work, and getting prequalified, to deciding exactly what you’re looking for in a house and finding the perfect one for you, there are many steps to purchasing your first home.

New York is full of opportunities. Which is why it’s no surprise that many – from the young professionals to the growing families – are looking for homes in various key locations in the state. As of writing, New York’s real estate market is a buyer’s market, which means there are more homes than there are buyers.

So you’re looking at houses for sale in New York or maybe you’re checking out prices because you want to sell your own home. One question that will undoubtedly cross your mind is whether you should hire a real estate agent?

Buying your first home is a huge milestone in your life. Because it’s such a huge deal, you can’t just decide on the first home you see and call it a day.

Buying a new home is a huge expense and the kind of financial decision that takes planning and preparation. Unless you have large stash of cash lying around, chances are you’re going to need to get a loan or mortgage to pay for the home you’re about to buy.