Homes are going like crazy. There is nothing that could ever stop home buyers from getting the home they love. Whether it is paying a little extra or working longer hours to fit the budget, feeling financially stable is a key pre-buying step that all home buyers need.
Do you feel financially ready to buy a home? Here are some tips on how to know if you are ready to buy.
1.) Be Debt Free
Do you have any outstanding debt? If you do the first step is to figure out how much you owe then come up with a plan to pay it off. I would recommend to start with the smallest debt and work your way up into paying off the larger debt. Buying a home is a huge expense especially having a mortgage loan.
If you feel the need to use a credit card…