Purchasing a property is most likely the biggest financial decision you will ever make. Whether this is your first purchase or you are an experienced buyer, this decision must be made carefully.
Why do you want to Purchase?
Are you tired of paying rent? Have you decided to pay your own mortgage and not your landlord’s? Have you outgrown you current home? Are you looking for an investment portfolio? Are you looking for rental property? Would you like a bigger yard? Would you rather live in a particular area? Do you want to reduce you commute? Having a clear sense of your reasons for buying will help you choose the right property.
Has your Income Grown?
Property ownership is an excellent investment; whether you are looking for your dream homes, a rental property, or to develop you investment portfolio. Owning real estate is one of the least delicate ways to build equally or obtain a greater return on your initial investment.