Owning your very own home can be great, when you’re ready. Truth be told, not everyone can or should own a home – even with the many benefits of homeownership. I have put together a short list of questions that can help you, as a buyer, sort out whether owning makes sense for your personal situation.
1.) Do you want to own a home?
2.) Can you find a home to buy that you like?
3.) Can you find a home to buy that’s located where you want to live?
4.) Can you find a home that you can afford to buy – and own?
5.) Can you qualify for a mortgage or pay cash to purchase a home?
6.) Does the cost of owning a home compared with renting make sense to you?
7.) Is you job or other source of income secure?
8.) Do you have a financial cushion in case you suffer a serious or prolonged loss of income?
9.) Do you expect to remain in the same community for at least several years?
10.) Do you expect to live in the same home for at least several years?
If you answered yes to these questions, you’re a good candidate to own a home, now call Michael Caruso and let’s get you that home!
And thank you for making me Your Orange County Real Estate Connection.
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900