4 Thinking Points Before Buying a House
So you’ve been renting an apartment for a while and your friends are all buying houses and settling down to nice, quiet suburban lifestyle. Is this something you should be doing too? To put even more pressure on you, every other evening news cast is talking about the rapidly increasing value of houses in your area.
Before you rush out and buy the first house you can get a loan for, perhaps it would be wise to stop and decide if buying a house is really what you should be doing. To help you, here are four things to think about.
1. How long will you live there?
2. Are you a Flipper?
3. Does renting cost more than owning?
4. Is it what you really, really want to do?
Buying a house can be an emotionally charged time in your life. It is also an enormous user of your resources. Take your time and be confident that you are ready to move into another stage of your life where you can be proud to say “This is my house.”.
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ABOUT THE AUTHOR
Roger Sorensen is America’s Financial Guide. Learn more at his website www.Slave2Work.com – ask and receive answers to your personal finance questions, read his writings, or join the newsletter Money Basics. “How-To Be Debt Free!” is now for sale, read about it today at www.Slave2Work.com/debtfree.html