READY TO SAY GOODBYE TO RENTING? HERE’S HOW TO KNOW IT’S TIME TO BUY

Have you been wondering if it’s finally time to stop renting and start building something of your own?

Renting can offer flexibility, but there comes a point when you start to crave more: more stability, more freedom to make a space your own, and more control over your finances. If that sounds like you, you're not alone—and you may be closer to homeownership than you think.

Yes, buying a home involves a few more steps than simply renewing a lease, but you don’t have to do it alone. The right buyer’s agent will guide you through the entire process—neighborhoods, offers, negotiations, inspections—and help you feel confident every step of the way. And once you’re ready to explore financing, a good loan officer will make the numbers clear and the options understandable.

Here are some signs that you might be ready to take the leap:

Your Rent Keeps Going Up

If your rent has crept up with each renewal, you're feeling the pinch of a trend that's not slowing down. In March, Zillow reported a 0.7% rent increase for multifamily units—outpacing single-family rental growth for the second month in a row.

Meanwhile, homeowners with a fixed-rate mortgage enjoy predictable costs—your principal and interest payments stay the same month after month. That kind of consistency can bring peace of mind in a world of rising prices.

You’re Settling into Your Life and Career

If you're happy with your job and don't see a major move on the horizon, it's a great time to consider putting down roots. Homeownership offers a sense of stability and belonging that’s hard to match when renting.

Your Income is Steady

A consistent income and good financial habits go a long way toward loan approval. If you’re in a solid place financially and feel ready for the responsibility of maintaining a home, that’s a strong green light.

You’ve Started Saving

Even small savings are a great sign. Beyond the down payment, there are other one-time expenses like closing costs, moving, furnishing your new home, and small updates. I’m happy to walk you through exactly what to expect, and help you create a plan that fits your timeline.

You’re Paying Down Debt

You don’t need to be debt-free to qualify for a mortgage. What matters most is your debt-to-income ratio (DTI). If you're making consistent payments and your DTI is within a reasonable range, you're on the right track.

You've Checked Your Credit Score

Well done—this is a key step! Your credit score can help determine your loan options, but every buyer’s profile is unique. If you’re not sure where you stand, I’d love to help you understand what options may be available to you. And remember: you’re entitled to a free credit report from all three bureaus every year at AnnualCreditReport.com.

Let’s Explore Your Path to Homeownership

If these signs are sounding familiar, let’s talk. I can help you figure out what steps you’ve already taken (more than you think!) and what’s next. Whether you’re ready to buy now or just want to learn more, I’m here to support you at your pace.

Feel free to call or text me at 512-577-5208, or just reply to this newsletter and let’s start the conversation.

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