5 Home Buying Rules to live by to help you decided whether now is the right time for you.

1. Do you want to own a home. - there is no reason to buy just because everyone else says you should. Home ownership can be expensive, can tie up your money and can be filled with upkeep headaches.
2. Do you love the home. - Make sure you will be happy in your home for a long time. There is no reason to work hard to pay a mortgage on a home you do not enjoy.
3. Do not buy until you have at least 10%; however, I recommend 20%. - you will get the best fixed mortgage rates available and have no PMI (private mortgage insurance)
4. Buy a home you can afford - just because a lender will give you a mortgage does not mean you can afford the home. Make sure that there is extra money for utilities, bills and unforeseen events (job loss, health and medical bills, clothing, school, etc..) - you will not enjoy or last in a home if you take on additional debt just to pay your mortgage
5. Pay off debt, improve credit score, obtain best mortgage - the cost of money (your mortgage) can be as important as the price you pay. - take a little extra time to improve your health to obtain the cheapest mortgage

If you are planning to buy a home in Phoenix, Scottsdale , Paradise Valley, Peoria or any of the towns in Maricopa County, ...