Is It Time To Buy A Home?

As far as buying your home goes, you’ve heard the myths; wait for the market to drop its prices, always offer less than the valuation, never seem to keen, to name just a few. But what are the real details behind timing your decision to buy a home? Well let’s take a look at some of the more logical reasons.

Is It The Right Time For Me?

Well only you know the answer to this question. If you’re looking to extend your family and need more space, would renting be sufficient, or do you definitely need the benefits of owning your own home?

Do You Have The Cash To Pay?

We don’t just mean gaining a mortgage, we mean making those repayments, as well as bills, utilities and extra expenses. You’ll need a secure career to make sure that you can afford your repayments and everything in between.

Your Emotional Position

Can you cope with the stresses of owning a home? It might be a lovely concept, but owning your very own home comes with its own responsibilities. From paying your mortgage to keeping enough money aside for those rainy days, are you in an emotional position to cope?

Is It The Right Neighborhood?

Choosing the right neighborhood for you isn’t just an excuse to prolong your purchase while you look for a suitable location, it’s important to your lifestyle. From access to stores, schools and local facilities; don’t go for an overpriced property just because it suits your lifestyle, you’re paying for the property, not the location.

Can You Afford To Wait A While?

Don’t charge in to the property market head first, sometimes waiting will allow you to think your situation through properly. Houses will always be available, so taking a step back to work out what you want is a great idea.