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5 STEPS TO BUYING REAL ESTATE: Step 1- How to decide if you’re ready to commit to becoming a homeowner

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?
  • Buying Real Estate 5 stair steps

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