Home Buying Guide
Buying a home is one of the biggest emotional and financial decisions you'll ever make, so prepare yourself to make a knowledgeable decision. Although buying a home almost always seems like a great idea, it is important to understand what homeownership involves.
Being a homeowner is something to be proud of but it also means having to invest money, time and energy and take on added responsibilities. So, before you decide to buy a home, make sure you're ready. Here are some things to consider :-
Financial Security - If housing prices rise, your home can provide you with some financial security due to capital appreciation.
Financial Stress - Coming up with the down payment, making regular mortgage payments and other costs will tie up a lot of money, and can put considerable stress on your finances.
Maintenance - Keeping your home in good repair requires time and money.
Responsibility - You alone are responsible for payments, repairs and maintenance.