3 Reasons Not To Buy A Home

  • 13 years ago
Ever think about buying a home of your own, only to get a sick feeling coming over you (and not from that spicy food you tried at lunch)?. Today I explain why you might want to listen to your gut... It seems that there are three (3) obvious reasons why you probably shouldn't be making an offer to buy a home right now:
1) Your finances are not in order (you've heard of a budget, right?)
2) Location, location, location - if you aren't sure about the neighborhoods you're seeing, or aren't sure about how your life will work with a given home location you may want to wait...
3) Not planning to stick around - if your life involves moving often, or for reasons already mentioned you see yourself potentially having to sell the home quickly, you may want to not buy right now.

So, while there are lots of good reasons to buy a home right now, it's ultimately up to you to self-assess whether you're truly prepared as much as possible to take on the responsibility of home ownership.

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