helping you through the house-selling process

Selling real estate can be just as much work as buying. There are so many things to worry about as you prepare your home to list on the market. Then you have to worry about the real estate agent you will hire to help you get the house sold. After that, you have to worry about who will be coming in to tour your home throughout the week. Will you hold an open house? Do you take the first reasonable offer you are presented with? Our blog was designed to assist you through the selling process a little bit easier.

Should You Keep Renting Or Should You Buy A House?

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If you currently rent an apartment or house and are thinking about buying a house, there are a lot of factors you should consider before taking this big plunge. Owning a house is something you can be proud of, but it is not for everyone. Here are the top factors you should consider before you decide to rush into buying a house.

Can you afford it?

Owning a house is expensive, and you will need to make sure that you can afford to own a house. When you become a homeowner, you will not only have to make mortgage payments on the house, but you will also be your own landlord. This means that you will have to pay for all the repairs you need for your house. You will no longer have a landlord that will do this for you and paying for repairs on a house can be costly. Before you decide to buy, make sure you understand fully the costs of owning a home so that you can evaluate your budget to see if you can afford this.

Are you ready to settle down?

Another good thing to evaluate is whether you are ready to settle down or not. If you are not sure if you want to stay living in the area you are in or if you want to move away, you might not be ready to settle down. Once you buy a house, you will need to stay living there for at least five years or more if you want to break even with the deal. If you are not sure you are ready to settle down, you may want to wait to buy a house.

Is your credit good enough?

The other thing you should consider is your credit score. If you have great credit, you will most likely qualify for a good interest rate on a loan. In this case, buying a house may be a great idea at this time. If your credit is not very good, though, you might have problems finding a good interest rate on a loan. If you take a loan with a high interest rate, you will end up with payments that are costlier than you expected.

Before you decide to buy a house, make sure you are ready to go from renting to owning. After all, becoming a homeowner is a lot different than being a tenant. If you decide you are ready to buy a property right now, call a real estate agency to begin your search.

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17 September 2018