Questions to consider

• Are you planning on any major life changes, like changing jobs or starting a family, in the next few years that could impact your financial situation?
• Can you commit to staying in a home for at least five years?

• Do you have a stable income?

• Are you confident you can handle house repairs (or can take the time to learn), or are you willing to pay a specialist when something breaks?

Buying vs Renting a home

Buying Benefits: 

• No landlord means you can make your house a home you want without anyone else’s approval.

• Unlike rent payments, the interest you pay with your mortgage payments can be tax-deductible.

• You can find a mortgage tailored to your budget and goals to keep your monthly payment from going up as the market changes.

Renting Benefits:​

• • Your landlord is often responsible for home repairs and upgrades.

  • You won’t have to buy homeowners insurance or pay property taxes on your home.

  • Moving can be easier since you won’t have to sell your home or find renters.

Working with a real estate agent

A real estate agent can make a big difference in the home buying process. Such as:

• Zero in on a good area

• Find the right house

• Give a guiding hand

• Manage the paperwork

• Make connections

Immediate things to do

• Start looking around to see what kind of houses you like

• Create your dream home wish list

• Pick one or more neighborhoods of your dreams