Things to think about:
- How long are you planning on staying in the home? On average, it’s best to stay in the home you buy for at least 5 years to ensure you aren’t losing money from your investment.
- Are you ready for the responsibilities of owning a home? Mortgage payments, insurance, utilities, home repairs, and any uh-oh moments or emergencies.
- What is the reasoning behind buying a home? Are you wanting to start a family? Tired of renting? Want to move out of your parent’s basement? Trying to make money in real estate?