Are you Ready to Purchase Real Estate ?
Buying a Home - Are you Ready to Purchase Real Estate ?
You can find out if you're ready to buy a home by asking yourself some questions:
- Do I have a steady source of income?
- Have I been employed on a regular basis for the last 2-3 years?
- Is my current income reliable?
- Do I have a good record of paying my bills? (if not then this might be an indication that you should rent!)
- Do I have few outstanding long-term debts, like car payments?
- Do I have money saved for a down payment? Maybe you can purchase a home with little on no down payment!
- Do I have the ability to pay a mortgage every month, plus additional costs?
If you can answer "yes" to these questions, you are probably ready to qualify for a mortgage loan to finance buying a home.
Are you Ready to Purchase Real Estate? Let's continue to the next tip for home buyers.
Back to Tips for Home Buyers | Search homes for sale on MLS
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You will actually have access and information to some these Homes before most Real Estate Agents!