You can find out by asking yourself some questions:
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Do I have a steady source of income (usually a job)? Have I been employed on a regular basis for the last 2 years? Is my current income reliable? |
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Do I have a good record of paying my bills? |
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Do I have few outstanding long-term debts, like car payments? |
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Do I have money saved for a down payment? |
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Do I have the ability to pay a mortgage every month, plus additional costs? |
If you can answer "yes" to these questions, you are ready to buy your own home.
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