Latest Answer: Hi,
You might be ready to take out a loan and buy your first home if you: 1) Understand your future plans and goals, and how a home fits into those. 2) Are ready to settle down in one location for at least 5 years. 3) Have enough cash to make a down payment. 4) Are able to cover your current costs and living expenses. 5) without struggle each month, and have other debts under control. 5) Have actually done the math to determine what’s cheaper: renting or buying.
