Should you buy or rent a home?

The big question that everyone asks me as a real estate agent is “Should I buy a home right now?”. There are lots of other questions that they have to ask and answer for themselves before they even think about talking to an agent.

1. Are you where you want to be? You have to decide if you want to buy a home in the area that you are in. Are all the amenities you want close by? What is missing from your everyday life. You can’t change the location of your home. Make sure you really are where you want to be.
2. Do you know where you’re going to work in a few years? If being a landlord isn’t something that excites you, you want to make sure that you aren’t going to change locations in a few years.
3. Do you want the ability to customize your home? Or better yet, do you want the responsibility of the up-keep of one? These are two sides of the same coin. Make sure you know what side of the coin you’re on.

There are lots more questions that need to be answered. Buying a home is a big purchase that needs a special state of mind. The whole process is a lot “easier” if you know exactly what you want and what you’re going to do after you buy it.

Here’s more info on what I’ve been talking about: