Taking the leap from renting to becoming a first-time homebuyer may seem out of reach. But if you can’t shake the question — how will I know if I’m ready to buy a house? — then you may be getting close. Knowing when to buy a house is a decision that requires much thought and planning. Your answers to these three questions might help you realize you’re more ready than you think.
Should you rent or buy? Use our convenient Rent vs Buy Calculator to compare the costs of buying and renting to see which makes the most sense for you.
When applying for a mortgage, there are specific tasks you should do and actions to avoid to help streamline your loan process. Take a look at this list of “do’s” and “don’ts” to make sure there are no unexpected holdups on the approval of your loan.
There are many important things to consider throughout the process, especially if you’re a first-time homebuyer. Here’s some information that will keep you on track.