If you’re embarking upon the process of buying a home on your own, here are a few things to factor into your thought process and your action plan:
1. Solo doesn’t necessarily mean condo. A decade or two ago, many single house hunters were automatically directed toward low-maintenance condos and townhomes. And truthfully, some singles still enjoy the tax and financial advantages of ownership without the responsibilities of caring for lawns, roofs and other so-called “single family home” features they have no use for.
That said, the descriptor of a detached, standalone property as a “single family home” is woefully out of date. Many single people are electing to purchase detached homes for a number of reasons. Chief among them include:
- Needing the square footage to allow their household to expand to include future partners, future children, adult children, or even elderly parents
- Needing extra rooms (or even extra apartments!) to rent out, do hobbies in or run a home business from, and
- Having the outdoor space for dogs, cats, horses and vegetable gardens, oh my!
con't.... http://www.forbes.com/sites/trulia/2014/03/14/3-next-gen-house-hunting-tips-for-singles/
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