90 Days to Homeowner – Week 1

Tired of the rent race and thinking about buying? Buying a home is, yes, a huge financial decision, but it’s also an emotional one. And while you can find online calculators and quizzes galore to tell you whether you’re financially set, the emotional side of buying a home is often overlooked. To gauge if you’re ready—heart, mind, and means—to stop renting and buy, think about these below-the-surface questions:

Are you ready to put down roots? Buying is a more long-term decision than renting, so you want to be sure you’re ready to plant for at least a couple of years before signing on the dotted line.
Do you desire more privacy at home? If you’re exhausted by noisy neighbors and no place to stretch your legs, it may be time to buy.
Are you content in your current job? Lenders want to see job stability, so if you’re thinking of buying, evaluate your long-term employment plans.
Is your debt-to-income ratio in a healthy place? Your DTI ratio is an important factor when applying for a mortgage. Getting debt under control before purchasing is always a wise decision.
Is there a “want to” to buy a home? You should never buy a home because others are doing it or because you think it’s what you’re supposed to do next. You’ve gotta have your own “want-to” and desire.

The first step towards homeownership is saying with confidence, to yourself and others, “Let’s do this!” If you’re there, I’d love to chat about what you’re thinking and give you hard numbers in the neighborhoods you love. Have you thought about an area of town you would like to live in? If you have any questions at all, don’t hesitate to send us a message in our contact form or simply text or call us at 770 576 5650. We’re always more than happy to help!