Are you ready to take the plunge and buy a home? Homeownership is a big commitment, so it's important to do your due diligence and make sure you're as prepared as possible for the home buying process. Here are three important steps that you should take to ensure you're ready to buy a home.
1. Analyze Your Financial Situation
The process of buying a home isn’t typically a snap impulse purchase. There are a lot of steps to buying a house that have to be made months or even years in advance, especially if saving up for a down payment is involved.
Take a look at your current financial status starting with the ‘why’ behind your decision to look into buying a home. Some people prefer to spend their money on a mortgage payment that costs just as…