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Buying a Home - Renting vs. Buying a Home
Buying a home - Renting vs. buying
You
can find out 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?
>>
Learn about tax breaks when buying a home
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