5 Signs You’re Ready to Be a Homeowner

Are you ready to be a homeowner? Taking the leap from renting to owning is an important milestone in many people’s lives. Not only does it signify that your financial affairs are in order, but it also means you’re finally ready to settle down (at least, for the time being!). Of course, while owning a home comes with a myriad of benefits, there are still several drawbacks to consider, including the fact that homeowners are now strapped with one very big financial responsibility. Despite these financial obligations, though, many homebuyers will tell you that there’s nothing quite like owning your own home. Still not sure if you’re ready to be a homeowner? Here are 5 signs that it’s time to take the leap and buy a home.

You have enough money for a down payment

You’re prepared to take care of a home

You’re sick and tired of throwing money away on rent

You’re ready to stay in one place for a substantial amount of time

You have good credit

Ready to buy a home?

If all five signs apply to you, then you are officially ready to purchase a home. Here are several tips for getting started with the home buying process.

Determine your budget – Take a look at your savings and assets to determine your budget. Don’t forget to keep important expenses in mind as well.
Find a good Realtor – Enlisting a talented and knowledgeable Realtor can make all the difference in your home buying process. Make sure to find a Realtor who knows the area inside and out.
Research your mortgage options – Here are the different types of mortgages
Research various neighborhoods – For information on a city and/or specific neighborhood, check Moving.com’scity profile reports. Our reports include school information, cost of living, economic and residential data.
Look up crime stats in the neighborhood – Here are 8 ways to find out crime rates in a neighborhood.

Ready to move to your new home?

If there’s a move in your future, you’ll need the right movers to get you there. Fortunately, Moving.com’s extensive network of reputable and reliable movers makes it easy to find and book the best moving company for the job. All relocation companies in our network are licensed and insured, so you can rest assured that your move will be in good hands. Best of luck and happy moving!