Thursday, October 11, 2012

Four Questions to ask before Buying a Home

I’m sure you have heard that it’s a good time to buy a home right now. Interest rates are at historic lows and the prices of homes in many areas of the U.S. are low and some major metropolitan areas are seeing an increase. Although buyers are eager to buy, don’t make the mistake of buying now just because everyone else is. Before even considering looking, ask yourself these questions.

Am I prepared for the responsibilities and risks of homeownership? Can I afford to buy a home with amenities I need in a location where I want to live? Am I willing to compromise? Am I willing to take the time and make the effort to carry out due diligence investigations in order to ensure that you make a wise purchase decision?

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