Should I Buy a House in the Current Market?

Deciding if now is a good time for you to enter the housing market.

1. How stable is your current income and employment situation?

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2. Have you saved enough for a down payment (ideally 10-20%)?

3. How long do you plan to live in this home or area?

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4. What is your current debt-to-income ratio?

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5. Have you gotten pre-approved for a mortgage to know your budget?

6. What is your realistic price range for a home?

7. How competitive is the housing market in your desired area?

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8. What are your essential needs vs. wants in a home?

9. Have you factored in ongoing costs like property taxes, insurance, and HOA fees?

10. How prepared are you for the costs and effort of home maintenance?

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