7 questions to ask before you think about buying a home

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I've got a couple of areas in mind where I could see myself living for the next 2-5 years.

Yes

No

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I’ve got a pretty good idea of my future and how my lifestyle is likely to change in the next few years.

Yes

No

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My current place isn’t going to support my needs much longer, considering my current situation and future goals.

Yes

No

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I’m comfortable with my current monthly debt payments and what I’m contributing to my future savings.

Yes

No

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I’m ready to take on the extra costs and commitments of a homeowner like utilities, insurance and property maintenance.

Yes

No

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I have a stable income and if anything were to change with my job, I still feel confident I could make the next 2-3 months of mortgage payments.

Yes

No

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I have money saved up for the down payment, closing costs and legal fees needed to purchase a home.

Yes

No