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Buying a Home Info.com - The Home Buying Resource on Home Buyers

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Buying a home - are you ready?

You can find out if you're ready to buy a home by asking yourself some questions: 

  • Do I have a steady source of income (usually a job)? Have I been employed on a regular basis for the last 2-3 years? Is my current income reliable? 
     
  • Do I have a good record of paying my bills? 

     
  • Do I have few outstanding long-term debts, like car payments? 

     
  • Do I have money saved for a down payment

     
  • Do I have the ability to pay a mortgage every month, plus additional costs?

 If you can answer "yes" to these questions, you are probably ready to qualify for a mortgage loan to finance buying a home.  

>> Now learn the advantages of buying a home vs. renting a home.

 

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