my mom has always told me to purchase a home when i got my first steady job. is she giving me good advice?

Answer 1

Absolutely. The less time you throw money away on rent, the better. If buying a home seems like it won't be affordable, look into buying, and then having a couple roommates pay you rent. I bought my first place six years ago - wish I had done it ten years earlier.

Answer 2

It is good advice. Just make sure you can afford it. It doesn't just take a steady job to keep up a house. Live comfortable. Me and my boyfriend just moved in together. We had been hoping to buy a house... but it's not that cheap. So we decided to rent for a year or two. Rent is much more affordable and it currently allows us to save money. Once you have saved up some money, then go ahead... Being the first time you are buying make sure you inform yourself of all the programs and rates that are available and which will be the best for you.

Answer 3

Your Mother is giving you the Best advice that she can give I have no doubt that she is try to help you out and look after your best interest, that being said and not to dis mommy.

Is whee setting where you want to be in twenty years? do you worry that you may have to help her out with Mommy is twenty to thirty years from now? Time to put on the big boy paint and think what is best for you, and they may be looking out for mom.

Answer 4

Mom is always right until you are brave enough to prove her wrong.

It may open your eyes a bit to find out what type of house you can afford. Contact us for a free pre-approval.

Answer 5

yes and no. you should be looking in the market for homes that were repoed and are being auctioned. otherwise, i'd say wait a bit longer and start saving as much as you can. you may be able to afford to buy a house, but are you able to afford maintenance?

Answer 6

Yes, That is definitely one of the components.

Here is some additional info. Hope this helps.

Answer 7

Yes.

Answer 8

yes she is.