5. Am I truly prepared to be a homeowner?6 of 7"Whatever your money attitude is, when you have a home, a lot of your money will go (it)," says Cecere. "A lot of your time will be spent dealing with your home."Make sure you understand what's involved. You should ask yourself before buying if you have good spending habits. If possible, take a homebuyer class in person or online.If you're ready and buy responsibly, experts say homebuying can still be a wise financial move."Owning a house is still better than renting," Huss says. "You should absolutely be able to find a great house for what you can afford."<< Back to the 2010 Real Estate Guide table of contents. Related Articles:Great time for homebuyers12 homebuying must-do'sUse homebuyer's credit upfrontFirst-time homebuyers' tax creditRelated Links:Should I rent or buy a home?How to negotiate your closing costs7 steps to a great foreclosure buyNew appraisal rulesadvertisement
"Whatever your money attitude is, when you have a home, a lot of your money will go (it)," says Cecere. "A lot of your time will be spent dealing with your home."
Make sure you understand what's involved. You should ask yourself before buying if you have good spending habits. If possible, take a homebuyer class in person or online.
If you're ready and buy responsibly, experts say homebuying can still be a wise financial move.
"Owning a house is still better than renting," Huss says. "You should absolutely be able to find a great house for what you can afford."
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