Graphic created by New City Moving.
Knowing when it’s time to take the plunge and buy a home isn’t always easy. Especially if it would be your first home, you may hesitate. Sure, you’re tired of paying rent. Of course, it would be great to start building your own equity. But should you make the commitment? How can you be sure?
Here’s one surefire reason: Your household needs are changing. Maybe your family is getting bigger and needs more space. Perhaps you’re ready to get a pet, but your rental doesn’t allow it. You might want a yard or the chance to customize your space without landlord input. Or, maybe you’ve just landed a great new job but the commute is awful. Whatever the case, when you find yourself wishing for room, opportunities and/or amenities that aren’t possible in your current home, you’re in a prime spot to start shopping.
Here’s the thing: Buying a house allows you to make a big investment in your future, while getting a new and/or better place to live. You could move to a better school district, closer to medical care, in a lower-crime neighborhood or to a place with more shopping and entertainment. Imagine the possibilities!
For more inspiration, take a look at the attached resource about how to decide when and where to move from your current apartment or condo space.
Author bio: Brian Slater is the founder and President of New City Moving, a moving company in Chicago. Slater has more than 10 years of experience in the industry and focuses on providing top-notch customer service as well as a stress-free moving environment.