Are you ready to buy a home?
Before you embark on what’s likely the biggest financial decision of your life there’s a lot to consider. In order to decide with confidence, consider factors beyond finances. For example, you may want to consider where you are in your life. Future plans regarding any job changes, getting married, having kids, or getting pets.
RENT OR BUY? ASK THESE ESSENTIAL QUESTIONS:
YOUR FUTURE PLANS:
DO YOU HAVE HIGH INTEREST DEBT?
DO YOU HAVE A DEPOSIT, SAVINGS AND AN EMERGENCY FUND?
Homeownership builds equity and enhances stability, among a lot of other positives. However, it might not always be the best choice. Consider stability, savings, and career status. Renting could be wiser until you’re absolutely confident in the direction of your future.