Financial considerations for homebuyers over 40

Los Angeles • It’s often the most daunting and emotionally taxing item on one’s financial to-do list: Buying a home. Most people wade into homeownership for the first time in their 20s and early 30s, when they still have the bulk of their working years ahead of them and a long runway to build equity — a key asset for eventually moving up to a bigger home. But what if you’ve reached midlife and still envision buying a home one day? Tackling that first home purchase after 40 can be easier in some ...

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