5 SIGNS YOU ARE READY TO BUY YOUR FIRST HOME BY DR ADESINA MOBARAK

Have you ever had the urge to buy your first home ?

Have your Landlord ever frustrated you to the level you told yourself, I MUST OWN MY OWN 🏠 THIS YEAR ?

Having an urge is not good enough. You have to be sure that you are ready to make the commitment.

If you’re still wondering if this is something you are ready for, we will take a look at some clear signs that reveal your readiness to buy your own property soon.

Let's Go !

1.
As a working professional, there is a sense of pride that comes with owning your own home. This also gives your confidence level a huge boost and a psychological advantage. As soon as you're always feeling low been a tenant, that's a sign you need to start making plans to own your own house

2.
Owning a house is largely viewed in Nigeria as a sign of maturity and responsibility. Are you already thinking what your colleagues would think about you differently if they knew you owned a house ? Then make a move to own one.

3.
When you buy your first house, it gives you a strong sense of fulfilment, helps you feel more established and gives your career a lift. When your thought is in this direction continuously, get set to get yourself your house.

4.
If you have a growing attachment to the city you live in, you might be ready to buy your first home without being aware of it. Buying a home in such a space deepens your connection with the city you already in love with.

5.
Are you tired of paying expensive rent ? If your annual rent falls within the range of N1.5 million and N10 million, Sir/Ma, you are ready to buy your first home. The truth is that if you can afford to pay N10 million as rent, then you have enough money to buy your first house especially if you keep your needs realistic and achievable.

There are several financing options for your first home but with careful planning and the guidance of a professional real estate Advisor like us, you can become a homeowner much earlier than you imagined.

Final Thoughts

As rents continue to soar year after year, the time will come when you begin to get tired of lining the pocket of the landlord with your rent.

 It can also be very restricting. You might have some remodelling designs you want to carry out in your home but can’t proceed with it because it is a rented space.

Buying a home has several advantages, as highlighted in this piece.  If you have more kindly add in the comment section.

 These are things you should look out for and remember to ask the right questions before you  embark to buy your first house.

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