When it comes time to decide whether it is time to buy a home or continue renting, there are a few things that need to be considered. Some components of the decision rely completely on finances. However, there are some other things that should be taken into account before diving into one option or the other. One thing that should be left out of the equation, however, is emotions. Choosing to buy or rent a home based on emotions alone can be a big mistake. Instead, consider these other components to help you decide.
Knowing Your Finances
The biggest thing to examine before making a decision is whether or not you can even afford to purchase a home. This is likely the biggest purchase that people make throughout their entire lives which means it is
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