Buying your first home? 10 things you need to know before you make the biggest purchase of your life.

Black EnterpriseVol. 38 Nbr. 1, August 2007

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Summary


HOMEOWNERSHIP

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Buying your first home? 10 things you need to know before you make the biggest purchase of your life.

LIKE MANY YOUNG PEOPLE, PAMELA Jowers dreamed of one day getting married and buying a home with her future husband. But the 31-year-old, who lives in Moody, Alabama, decided that she didn't need a ceremony to make her dream come true. She obtained a master's degree, a new job, and, about a year later, realized her dream of homeownership.

"At this point in my life, I feel like I'm really grown," says Jowers with sincerity. "I think I've reached a different stage in my life spiritually, and once my accountant told me that I had only two options to get a tax break--buy a house or h...

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