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Ready to Stop Renting? Ask Yourself These Questions First

Penning a check to your landlord each month for your apartment might feel like a soul-sucking experience that has you daydreaming of white picket fences and the possibility of a lower payment. But for each person who brags about how much less they spend on a mortgage versus what they did on rent, there are a handful of home-owning challenges that they aren’t sharing.

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Although buying a house certainly has its perks, there are also plenty of considerations to take into account before making the permanent move, including how long you plan to stay in your new pad, job security and property taxes, to name a few.

Before taking the plunge, check out the tips in the video above that will help you decipher if it’s the right time for you to leave the rental life behind and finally make a house your home.