Five Tell-Tale Signs You’re Ready to Buy a House — Beyond Having a Down Payment
When it comes to buying a home, there are the obvious signs you’re ready. The main one? You’ve got enough money saved for a down payment (which doesn’t have to be 20 percent, by the way!), with some cash left over in savings for a cushion. But you also have to be emotionally prepared for ride that could include bidding wars, inspection concerns, and other twists like appraisal gaps. (All things we are happy to explain to you!)
But what are some lesser-known — yet still important — signs you’re ready to become a homeowner? Here’s what the real estate experts have to say:
You’ll stay put for a while.
Amid the pandemic, an estimated 50% of all Americans were considering a move. Remote work and new flexible leasing models made frequent moves and test-driving different cities easier than ever before.
If you’re looking to become a homeowner, you don’t necessarily have...