10 Things First-Time Homebuyers Should Consider Before Buying Property Outside the City

By  External Author |   | Posted in " Debt Consolidation, Debt Reduction, Downpayment, Financial Goals, First-Time Home Buyers, Home Purchase, Home Refinance, Interest Savings, Mortgage Financing Needs, Mortgage Information, Mortgage Renewal, New Years Resolutions, Prepayment, Refinance "

It’s a trend that started in recent years and was strengthened by the pandemic: more and more people are exchanging the dream of owning prime real estate in the city and instead are buying further afield, in the suburbs, the countryside or in smaller towns. After all, when you’re working from home anyway, why not opt for more space at a more affordable price? There’s also the appeal of going back to the land, growing your own food and maybe even raising a cow or a pony or some chickens. However, buying in the country is not as straightforward as it seems. Different rules apply for rural property. So, here are 10 things first-time homebuyers should consider before buying property outside the city.

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Original Article Source Credits: HGTV, https://www.hgtv.ca

Article Written By: Doug Murray

Original Article Posted on: March 3, 2021

Link to Original Article: https://www.hgtv.ca/real-estate/photos/things-homebuyers-should-consider-before-leaving-the-city-1946255/