There are many moments in life when we don’t know we’re ready for something until we start. Homeownership DOES NOT fall into that category.
Let’s face it, gang, homeownership is a big step. You are leaving the world of apartment rentals and parents for something far more time-consuming…
Now don’t get me wrong, homeownership is great. But it’s important to know what you’re getting yourself into and all the considerations that come with homeownership. Hot water tank leaks, that’s your job. You can call a plumber but at the rates, they charge you will quickly become a “hack of all trades.”
A house is a lot in every sense of the word. A lot of money. A lot of time. A lot of cleaning. A lot of repairs. It’s just a lot. That doesn’t mean you shouldn’t buy a house, it just means that you should make sure you know what you are getting into. Sure you can wing it, go buy a place and see how it works out, but you would be better off knowing you’re making the right choice before getting into the biggest purchase of your life.
If you are wondering if homeownership is the right thing for you right now, take the should I buy a house quiz and find out.