It’s so easy to visualize home-ownership these days when every month another friend posts a shot of them them holding their new keys and their shiny new ride they parked in their new garage. On top of that they have back-to-back Snaps and Instagram stories about their lavish vacation they went on to celebrate the big home purchase immediately afterwards.
You may think the worst part is seeing how all these friends and loved ones are succeeding and apparently reaching their goals so much faster than you. Meanwhile, you’ll have at least a handful of people around you trying to convince you that you’re losing money by paying rent or not getting out there to buy while the rates are so low.
The most regretful way to buy a home is doing it the wrong way even if it felt like the right time.
An even worse problem is that you will never get to see those same exact friends when they are in their banker’s office applying for the next loan. Perhaps for the faulty _____ that went out in their car just after they financed it, or the ______ replacement on their home when they realized they signed the mortgage with no real emergency fund savings and a ton of other debt. Furthermore watching them be declined and realize that they are up to their necks with no way out but to sell or foreclose.
With over 10 years in banking I’ve seen this all the time in my office. I want to help you know that you are doing the right thing the right way for you and your future.