5 Questions to Ask Yourself Before Buying a Home

Article by Ask Tara @Trulia details

5 questions to ask yourself before buying a home.

In most parts of the country, the housing market is good (or great!) for buyers right

now – interest rates are bizarrely low, lots of inventory means lots to choose from, and the cost of renting has increased in a lot of markets. But just because the market’s good doesn’t mean it’s the right time for everyone to buy. The decision whether to buy a home is a very personal one; you need to carefully examine your own situation to determine whether it’s right for you.So, what are the questions you need to answer in deciding whether you’re ready to buy? Here are some of the big ones:

1. Do I have enough money for a down payment?
2. Can I handle the not-so-glamorous aspects of homeownership?
3. How long do I intend to stay in the house?
4. Are my job and finances stable?
5. What are my real reasons for buying?
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One thought on “5 Questions to Ask Yourself Before Buying a Home

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