Buying a home is usually a 1:1 ratio compared to renting. That means that you can find a home and make a mortgage payment that is equal to the monthly rent you were paying before. However, we don’t want to sugar coat things too much. There are a few things to know so you are prepared to be a homeowner. First, you will need to get pre-approved to consider buying a home. You need to call a lender and discuss your situation and see what your monthly payment and down payment requirements will be. Once they issue this magical pre-approval letter then you are free to call a Realtor to help you shop. One of the best things about buying your own home is that it belongs to you. You can change the color, make changes to the kitchen or have a dog and no one will tell you no. The drawback is that you become your maintenance man. You can no longer make a phone call to have someone fix your clogged drain or broken air conditioner without paying for their services. This leads to the next suggestion of having an emergency fund. This is your home and it will require maintenance and things do break. So be prepared and have at least $500-1000 set aside for when those breaks occur. Do you research and make sure you are changing the necessary filters and insulating pipes and doing the right routine maintenance to avoid certain seasonal problems. Lastly, your neighbors are forever. You can no longer eagerly wait for your lease to end and move if you become annoyed with your neighbor or their barking dog. Make sure when you are shopping for the right house to buy that you like the area and the neighbors. Buying a home is the largest investment you will make in your lifetime so make sure you invest wisely. Call Mtn. View Properties and we will gladly hold your hand through the process and provide the necessary advice along the way.