You've always dreamed of owning a home. You've found the perfect neighborhood. And now, you're ready to search for that perfect house. Where's the best place to start?
First, ask yourself these questions:
Can you afford your own home?
Have you considered the additional costs that a house requires - like repairs to plumbing or a leaky roof?
With most lenders requiring between 5% and 20% of the purchase price as a down payment, do you have enough money saved for a down payment?
Is it costing you more to rent than own in your area?
If you've answered 'yes' to these questions, then you're well on your way to becoming a homeowner.
