6 Questions Home Buyers Should Ask Themselves Before Buying
After you read this short article, you will know if buying a house is right for you. Perhaps you are a first time home buyer or own ten homes. The basics remain the same.​

​Buying a home is a major milestone and a central part of the American dream. Homeownership can have financial benefits of building equity and predictable housing cost in the long. In addition it can also bring a sense of belonging, pride and stability. But before diving into the housing market, first-time buyers should pause and reflect on a few key questions to ensure they’re truly prepared. You have already taken the first—and most important step…seeking to understand. So, let's walk through how you can make this happen.
And you don’t have to do this alone. Find a reputable real estate agent and mortgage lender. Don’t be afraid to reach out to them. They are always looking for folks thinking of buying a home. It’s a team effort and having the right team members will help guide you through the process.
1. Is My Income Steady and Reliable?
Mortgage lenders want to see a stable income. If you have a consistent paycheck and expect that to continue, you're off to a strong start.
2. Do I Have a Solid Job History?
Being employed in the same job or industry for at least two years shows lenders that you’re dependable, increasing your chances of mortgage approval.
3. Am I Paying Bills on Time?
Your credit score matters. Timely bill payments build a strong credit history, which is crucial for securing favorable loan terms.
4. How do I handle Debt?
Do you tend to max out your credit cards, car loans, or other debt purchases? Not only can this reduce your borrowing power it can keep you from saving money and building a future. Controlling your debt improves your mortgage readiness.
5. Am I Saving for a Down Payment and Closing Costs?
Even small, regular savings can add up. Down payments aren't always optional, so start putting money aside early.
6. Can I Afford Long-Term Homeownership Costs?
Homeownership means more than a mortgage. Consider taxes, insurance, maintenance, and unexpected repairs when planning your budget.
If you feel homeownership is something you want to pursue then here is your open invitation to call Brian Holt at 214.417.5680 and start the conversation.