If the idea of buying a new home has been on your mind, there are actually some very helpful resources that can help you make up your mind. For instance, did you know that there are a number of online quizzes designed to help you know if you are ready to buy a new home? Let’s take a closer look.If the idea of buying a new home has been on your mind, there are actually some very helpful resources that can help you make up your mind. For instance, did you know that there are a number of online quizzes designed to help you know if you are ready to buy a new home? Let’s take a closer look.
3 Quizzes to Know if You’re Ready to Buy a Home
We have found three different online quizzes that are free, accessible to anyone, and easy to navigate that are designed to help you decide whether or not it is time to buy a new home. These quizzes are provided by:

• Discover;
• The DIY Network; and
• HGTV.

Questions These Quizzes Will Ask
Take these quizzes and see what they say about your readiness. You can also think about some of the quiz questions that you will be asked, which include:

• Have you already been pre-approved for a mortgage?
• Is this your first time thinking about buying a home? If not, for how long have you been thinking about it?
• Do you know your credit score?
• How good are you at saving money and paying your bills on time?
• Have you had a steady job or source of income for at least two years?
• Do you know where you want to live?
• Do you have any existing debts?
• How much money do you currently spend every month?
• Do you have any money saved for a down payment?
• Are you currently renting and could be spending the same or less for a mortgage payment?
• What are your top reasons for wanting or needing a new home?

These are just a handful of questions that will help you to decide if you are ready to buy a new home.  Remember that if you are buying your home with another person, the above questions do not only apply to you, but to your partner as well.
Don’t be discouraged if you can’t answer some of the questions – or if you feel like you may be at a disadvantage in some areas. You may find that there are some flexible home-buying plans in your area that are designed to help people with low credit or with limited down payment funds.
Steps to Get Ready to Buy a Home

• Talk to a lender and get pre-approved for a loan. When you talk to a lender, you should also ask the lender to explain to you how mortgages work, the interest rate you may be looking at, and how a pre-approval differs from an actual approval.
• Get your budget in order. Looking at new homes is exciting, but before you get too far ahead of yourself, it’s important to understand how much of a house you can afford, how much you can put down, and what your monthly payments will look like. Don’t worry, we’re here to help you answer those and other questions!
• Start looking at homes. We recommend looking at a lot of homes, including new homes, so that you have a good idea of where you want to live and what home features you require. Look for key features you want in a new home purchase such as environmentally friendliness, open floor plans, spacious closets, ample storage space and location are all things to consider.

Buy Your New Dream Home Today
Ready to buy? At Hayden Homes, we have beautiful, brand new homes to choose from throughout Oregon, Washington, and Idaho. Come see our new homes and learn about financing with one of our approved lenders today. And remember, we’re here to help!