IS IT TIME TO BUY A HOUSE?
Manage episode 474333396 series 3525195
It’s always a pleasure talking to Taliah Karim about Real Estate.
Whether it’s the right time for you to buy a house depends on a few key factors:
1. Your Financial Readiness
• Emergency Savings:
• Debt-to-Income Ratio (DTI)
2. Your Credit Score (700)
3. Market Conditions
• Interest Rates:
• Housing Prices
4. Your Personal Situation
• Do you plan to stay in the home
If you’re set on buying soon, you might consider:
• Looking into first-time homebuyer programs (some offer down payment assistance).
• Exploring FHA or other low-down-payment loan options.
• Continuing to save while monitoring the market for better conditions.
Taliah Karim
Broker | Owner
TK Real Estate Group Inc
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34 episodes