Factors to Consider Before Purchasing a Minneapolis Home

There are many factors in determining where or when you buy your first home, but first ask yourself these questions:

    Do you have a steady source of income (usually a job)?
    Have you been employed on a regular basis for the last 2-3 years?
    Is your current income reliable?
    Do you have a good record of paying your bills on time?
    Do you have few outstanding long-term debts, like car payments?
    Do you have money saved up for a down payment?
    Do you have the ability to pay a mortgage every month, along with taxes, insurance, and utilities?

If you can answer "YES" to these questions, you are probably ready to buy your own home.

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