1. If you are paying rent, you very likely can afford to buy
As a renter, you're paying someone elses mortgage. Why not pay your own? Over the long run, you will be building your credit rating and gaining equity, which is an investment in your future that can be added to your retirement plan.
2. There is never a wrong time to buy the right home
All you need to do in the short run is find a good buy and make sure you have the financial ability to hold it for the long run. Markets will go up and down. Just like buying stock investments, your home can bring a large return when the time is right.
3. The lack of a substantial down payment
You may be surprised to find out that you have enough money to put down on a house. There are a lot of options out there. Find a reputable loan officer and find out your options.
4. A less-than-perfect credit score
Again, find a loan officer to help you figure out where you are, financially speaking. They will look at your credit history and help you to reduce or possibly eliminate any bad marks on your credit report.
5. The best way to get closer to buying your ultimate dream home is to buy your first home now
Your starter-home can help you get into your dream home. Not only will you be racking up a good score on your credit report, but when you go to sell after a few years, you will have the money you need to put towards your dream home.
6. Buying a home is complicated
Buying a home doesn't have to be complicated - there are many professionals who will help you along the way.