Buying a home is one of the biggest financial moves that your clients will ever make. There are a number of issues they should be aware of, including how the costs of purchasing and owning a home will impact their overall financial planning goals.
In this checklist, we cover a number of financial issues that your clients need to consider when buying and owning a home, including:
This is a comprehensive checklist of the types of issues that advisors should be discussing with their clients who are considering purchasing a home. Clients are not always fully aware of the financial ramifications of such a major decision, and it is your role as their advisor to ensure that they are equipped to deal with these issues, allowing them to enjoy home ownership to its fullest.
Updated for 11/15/2020