Buying a home is an exciting, yet challenging process.
Before taking the plunge and buying a home, find out what responsibilities you are taking on and what pitfalls to avoid. Learn how fair housing laws protect you and how to steer clear of scams targeted at the unwary. Finally, know how much house you can afford, and consider low-cost options.
There are many factors that help determine when it makes sense to buy a home as opposed to renting. Before starting down the path to homeownership alone, make sure to determine if buying a home is a good fit for your position today, understand the mortgage process and how much house you can afford.