Are You Ready To Buy Your House?
Owning house can be the dream of your life . But it comes with a range of responsibility and liabilities. Think beforehand if you are ready for them. Answer the following question, know if you are ready.Â
Owning house can be the dream of your life . But it comes with a range of responsibility and liabilities. Think beforehand if you are ready for them. Answer the following question, know if you are ready.
Costs come in many forms
Paying mortgage is not the only cost. Costs come in different forms: property tax, repair and renovation, utility, home insurance, maintenance. Have you considered them all ?
House is a long term commitment
Do you have stable job or any other source of income for a longer period of time?
House requires some extra time
Living in a rented house is easy. Just writing a cheque in every month. Do you have enough time to supervise the maintenance or paying the bills?
If your answers are yes, you are ready.