When you buy a house, you’re the one who will be coming home to it day after day — and you’re the one who will be on the hook for all the expenses. Don’t ever forget these facts when you plunge into the thick of purchasing a home.
Many people involved in home-buying transactions have a vested interest in getting you to buy. They may push you to buy sooner (and buy more than) you intended to or can afford, given your other financial goals and obligations. The reasons: Many people who make their living in the real estate trade get paid only if and when you buy, and the size of their earnings depends upon how much you spend. It better to do some research on how to put together the best team to assist you in making a decision, rather than push you into making a deal. You had better be as sure as possible before you commit to buying a home; if you have lingering doubts, apply the brakes.
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