If you're thinking of buying a home, you've come to the right place. But before we jump right in, you have to make sure THREE things are ready:
- You - Your bank account - The local Real estate market
Be Sure you are ready
Few joys can match the pride of owning the roof over your head, but you will have to make some sacrifices. There's the obvious financial responsibility, but your home will also require constant care. That's what real pride of ownership is all about
Check your bank account
Your home will be the biggest financial obligation you've ever faced. You should ideally have saved up some money for a down payment and are managing any debts like student loans or credit cards. In a couple steps you can determine HOW MUCH you can AFFORD.
If unsure, I am here to help connecting you to many qualified experienced Mortgage Brokers.
Is right now a good time to buy?
Markets go up, markets go down and even the smartest experts can't accurately predict when a market will peak or bottom out.
If you're buying a home as a long-term investment (and for long-term enjoyment), you should be protected from short-term changes in the market. Pick a home that meets the needs of you and your family. Then you'll enjoy living in your investment as it grows in value.
If you're buying a home as rental income investment, there is no better time to buy than now when the interest rates are low and there is a very high demand from tenants.
If you are still unsure about the THREE things above, contact me for a FREE consultation at your convenience.