The leap from renting to owning real estate can be a scary proposition, however here are 5 signs that you are ready to make the leap.
- You feel need the need to customize your rental. You have spent the time to furnish your rental but you feel somethings are not quite finished EXACTLY the way you would like them. You feel the need to make major changes, however you know you don’t own and would only be improving someone else’s property at a major expense to you. This is a sign that you are ready to invest in your own space because you recognize the long term benefit of owning.
- You feel the need to make to make independent decision about your rental but you are tied to a third party decision maker. This is the by product of your need to customize your rental. You want the freedom to make independent decisions, however you are tied to a lease that says you can’t. That means it is your time to soar on your own.
- You are at a time in your life when “nesting”, the need to be more at home is overwhelming. This is the time to really take charge of what is yours, to make it your own, to create your ‘Zen’ environment. The feelings of ownership and pride are values that you subscribe too. You want to build a future.
- Financially, you have never been more ready. You have talk to banks, gone to a first-time home buyers seminar, met a Real Estate Agent…. You have done your homework. You feel responsible, because your responsible, all your ducks are in a row.
- You feel ready to tackle projects, you feel ready be a part of a community. As Taylor Swift eloquently put things, “This is our house, we make the rules”. In other words, your independence is ready to shine through, you are in charge.
Owning a home may not be for everybody, but now you know it might right for you. Enjoy you new home, because that is where memories are made.