Kiplinger.com recently ran an article (8 signs you’re ready to buy your first home) outlining the signs that you are in deed ready for your first home. Here’s a brief synopsis, for a full account visit their article:
No. 1: You have a budget — and you know how to use it
No. 2: You have a sizeable down payment
No. 3: You have a reliable source of income
No. 4: You have an emergency savings fund
No. 5: You have your debts under control
No. 6: Your credit report is in good shape
No. 7: You can make a long-term commitment
No. 8: You are prepared to become your own landlord
If you’re ready, now is the time to get connected with an exclusive buyer agent — they work only with home buyers and will keep your best interests as their top priority!
Category: How to Buy a Home