Home buying is a process. Television shows make it look easy and quick, but in real life, buying a home can—and often should—take much, much longer than you may think. Here are four essential questions to consider as you think about buying a home:
WHY DO I WANT TO BUY A HOME?
Only you can answer this question for yourself. Whatever the answers may be, don’t skip this question. And don’t let anyone else pressure you into buying if you realize it’s not right for you.
CAN I AFFORD TO BUY A HOME?
Examine your current finances, your budget, the housing market, and your goals and be honest with yourself about your comfort level before making this enormous financial commitment.
DO I WANT TO BE HERE LONG TERM?
Buying a home is a long term commitment. Once you have decided why you want to buy and determined that you can afford it, think about whether you expect to be living in the same city five or even 10 years from now.
CAN I REALLY DO THIS?
Homeownership is a lot of work. When you own a home, you are responsible for maintaining it—you can’t just call the landlord. Property taxes, insurance, and location-dependent factors such as HOA fees can all add up. Make a list of pros and cons to buying a home and be honest with yourself about your abilities and desires. Then you can confidently take the next step by securing a Harton Team buyer’s agent. Drop us a note to begin your journey today.