Making that decision to go from renter to homeowner can be daunting. As a Realtor in the Long Beach area for many years, I’ve come to find that people move at their own pace. Yet, there always comes a time when you want to take that leap into homeownership. Here are 3 simple questions you may want to ask yourself that will probably help you decide if you are ready to buy a home.
Do You Have a Job That is Steady and Stable?
In Long Beach, with the price of homes in the area, having a job that brings in a steady and ample income is almost a must. So, knowing that you are going to be employed for the long term always helps drive the decision to start looking for a home. As long as you have no major debts significantly cutting into your overall income, you most likely, are in a great position to handle a mortgage and other expenses that are normally associated with home ownership.
Over time, the equity that you build in your home can be a driving force to building your wealth for the future and an early eye toward retirement. Then again, the home you buy today may also make a great rental property when you decide to upside or downsize.
Do You Plan On Living In The Area for a While?
If your profession dictates that you move every couple of years, purchasing a home every time you move may not be the best use of your time or money. However, if you are in a position to put down roots for a few years in the same town or, buying a home is an ideal commitment.
The stability that comes with home ownership in today’s fickle economy can reap tremendous rewards over time.
Is HGTV’s Fixer-Upper and House Hunters Consuming More and More of Your TV Viewing Time?
There’s a reason why HGTV has grown in popularity over the past 12 years. It provides the pathway to the American dream. I can’t tell you how many of my clients focus on home buying shows right before they decide to make the leap. If you have been on the fence about home ownership, this dedication (or obsession) may be an indication that that you are ready to move out on your own and live the American dream.
Are you ready to buy a home? If you are even thinking about it a little, give me a call at (562)618-9770, I promise I will take the fear and stress out of purchasing your first or next dream home.
Dave Harbison has been a Real Estate Practitioner in Long Beach and surrounding communities for over 12 years. He regularly contributes to blogs, news outlets and other media, providing insight to home owners, buyers and sellers in the Long Beach, Seal Beach, Lakewood, Sunset Beach, Huntington Beach, Newport, Cypress and Cerritos. Dave Harbison Long Beach REALTOR® Main Street Realtors (562)618-9770 firstname.lastname@example.org DRE:#01475840 — Long Beach Realtor® / Real Estate Agent Long Beach Homes for Sale, Condos and Investment Properties