When you see all those “for sale” signs pop up in Langebaan — and then see them change to “sold” shortly afterward — it’s easy to feel like you’re missing out if you’re not buying a home this summer. So, you run the numbers, spend nights scrolling through listings on Property24, and start to imagine your new life in your dream home.
There’s just one thing: you may not be ready to buy a home right now. While most real estate agents point to a hot market as a good reason to start making offers, there are more factors that go into this big life decision. The real estate agents that automatically tell you that NOW is the right time to buy a home cannot know that without knowing the specifics of your situation.
Before going down a long and stressful journey, let’s go through some scenarios that might help you decide if it’s the right or the wrong time for you to buy a home