Home Ownership - Is it right for me?

Buying a home is the largest single purchase that a person / family would ever make. Home ownership has great benefits but comes with certain responsibilities. Consider these factors when you embark on this important step in your life:

• Do you have a steady reliable source of income and a steady employment history (at least 2 years)
• How good is your credit history?
• Is your current debt manageable and can you afford to take on the additional costs of home ownership?
• Do you have money saved for your downpayment and closing costs?

While you review the above, take the following into account:

• The likelihood of a marriage and associated expenses
• Your future growth in family (kids) and associated expenses
• The likelihood of lifestyle changes that may occur/need to be made

Once you have rationalized all of the above and put numbers down and computed your affordability, you are set to make your house purchase a reality. Now is a great time to be investing in your home and the Charlotte Real Estate market offers some super opportunities.