Am I ready to buy a home?

The decision to purchase a home is highly personal one, based on both tangible and intangible factors.

Beyond your personal situation, local market conditions, financing costs, and future expectations must also be evaluated.

The following list of questions can help you decide if you are ready to move forward with a home purchase.

I as an Accredited Buyer's Representative can help you sort through these issues and provide essential local market perspectives.


  • If you purchase a home, how long do you expect to live there?
  • What can you afford to pay each month for housing-related expenses?
  • What are the total costs of home ownership? which may include: mortgage payments, property taxes, homeowner's insurance, utilities, maintenance costs, any other special fees.
  • Do you expect these housing-related expenses to increase or decrease? changes in interest rates may be a bigger factor than others.
  • What additional expenses are required to complete a purchase? as closing costs, moving expenses, etc.
  • Are local market prices favorable to purchasing? What are your expectations on future prices.


  • If you are now a renter, what are your total housing expenses? monthly rent, utilities, parking, etc.?
  • How does renting vs. buying factor into your long-term investing goals?


  • What are your personal preferences regarding the type    of housing you wish to live in? How does location factor into your housing preferences?
  • How do you expect your personal situation to change, in terms of future housing needs?
  • What are your expectations concerning future employment?
  • What are your long-term personal and financial goals, with regards to housing?

If you have planned to purchase a property in the next 2-4 months, please contact me at 647 283-8970.








Stefania Patraulea

Stefania Patraulea

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
Contact Me