Wether or not your ready to buy a house is a multi-faceted topic and different for everyone. Knowing if it’s a good time for you may be a bit easier with this list of green flags.
Your financial situation is secure and stable.
You have saved up enough money for a down payment and closing costs.
You are ready to commit to living in one place for a significant length of time.
You have a good credit score.
You have a reliable income and steady job.
You have a clear idea of what type of house you want.
You have a realistic budget set for the purchase.
You are ready to take on the responsibilities that come with owning a home.
You understand the appreciation and depreciation of the local housing market.
You have a clear plan for how you will pay for the home.
You’re emotionally ready to take on the responsibility & it feels right to you.
I hope this information was helpful – it’s always my intention to educate and empower you to make the best real estate decisions for you.
If you’re ready to start your home search, reach out! I can set up your home search in minutes.
Have a home to sell? Start here & I’ll email you a free home valuation.
You can find more helpful information on my YouTube Channel At Home in Saint Paul.