When Should You Buy a Home?

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Buying a Home: 101

Purchasing a home is one of the most expensive investments a person can make. It’s not a simple decision, but it’s also not a difficult one either. It first starts with WANT and then quickly turns into NEED. You need to start planning and saving…

But when is the right time to buy a home?

That, my friend, is the million dollar question. While you can buy a home at any point in time, it’s best to buy when the market is in favor of the buyer – which can be difficult to determine on your own.

How do I know if the market is in favor of the buyer?

It would be best to consult with a local Realtor to get a well-rounded idea of when the best time to buy is, but the Realtor will also be your go-to-person for when you’ve saved up enough money and are ready to buy. Markets can shift at the drop of a hat and the only person who can best determine when the right time to buy is – is the person who buys/sells real estate on a daily basis, your Realtor.

Want to buy or sell a home in the Greater Lafayette or Monticello area? Reach out to a Keller Williams agent at 765-807-7177.