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What You Should Know About…Homeownership
This booklet created by the HSBC Bank for its YourMoneyCounts educational project, outlines some of the key issues in preparing for homeownership.
Owning a home is sometimes described as the American dream, and it may be a dream you share. Homes can provide a sense of belonging and become the center of family traditions. Owning your home—whether it’s a house or a condo—can also be a smart move financially, since you’re buying a valuable asset with the money you spend for shelter.
This illustrated booklet contains information to help you determine whether you should rent or buy. It also walks you through how to compare mortgages, the mortgage application process and the real estate closing. It also discusses home equity loans.
You can order free printed copies of this booklet and others in the YourMoneyCounts series by e-mail at [email protected]. Or fax your request to 847-564-7094
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