There are many factors to consider when determining whether you are ready to purchase a home; perhaps one of the most important is your financial state. Use these indicators to decide whether all signs point to “go.” · Your credit is in good shape. If you are even considering buying a home, this is a given. Having a great credit score and low debts will show that you are ready for the purchase process and the expenses that inevitably come after moving into a new home. Stay away from purchases during the (2 comments)