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Looking Into Your Future Before You Buy in the Present
If you're like most Americans, you'll probably move about every five to seven years. That's a distinct change from your parents and grandparents, many of whom probably lived in the same house for 30 years.
Why do people move so frequently? You start off in one home, perhaps when you're single. You trade up when you get married, and again when you have children. You might make another move if you get a big job promotion or want your children to be in a better school district. You might downsize when your family has outgrown your home.
To make a smart decision about buying, you have to think about how long you'll be in your home. You should also think about where you'll be personally, romantically, and financially, so you buy the right size home to accommodate your changing lifestyle.
Ilyce Glink is the bestselling author of 100 Questions Every First Time Home Buyer Should Ask, and is the Managing Editor of Right at Home Daily.
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How Much Can You Afford?
Deciding that you have to have a certain size house on a certain size lot and in a certain neighborhood is great. But if it means struggling to make ends meet, you should downsize your dreams sooner rather than later.
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