ready to buy a house

How do you know if you are ready to buy a house?

Before venturing out to buy a home, it is important that you analyze your current situation to see if it is the ideal time to invest.

At La Haus we want you to make the best decision, for that we leave you the most important aspects that you must take into account.

What are you looking for?

First of all, you must be clear about the use that you are going to give the property, since it is very different to buy to live, vacation or rent.

  • If you want to live in the house, you have the flexibility to choose everything depending on your personal taste.
  • To vacation, the ideal is to buy it in an area away from the city, it can be near the beach or in a wooded area with a cold climate.
  • Finally, if you want to buy a home to rent, we recommend looking for a central location, close to all the necessary services, with easy access and several transportation alternatives.

Thinking of buying your own home can fill you with fear, here we share five financial points and four situations to know if you are ready to do it.

5 financial reasons to consider

Before buying a house, you need to be clear about everything you need and what you can do to pay for it. Check out the following video and find out if you are ready now:

Situations to buy a house or apartment

If you feel identified with one of the following situations, the time has come to buy your apartment! Having an apartment or house of your own is one of the most common dreams of Mexicans, and it is that instead of filling someone else’s pockets by paying rent, you would be investing in your wealth, in your future and that of your family.

At La Haus we want you to buy your new apartment or house in CDMX when you are really ready. Therefore, if you feel identified with some of the following situations, do not think twice! It is your best time to invest in a property.

1. You want to become independent

Do you feel like it’s time to leave your parents’ house? We know that buying your first home is complicated, so we recommend choosing an apartment with a custom area, one or two bedrooms so that it is a little cheaper.

The apartments and houses in CDMX are very expensive, even more in neighbourhoods like Condesa, Lomas de Chapultepec and Polanco. That is why an excellent idea is to buy an apartment in presale, so you will have more time to pay the down payment.

Another option is that you decide to rent a room to a roommate, so, in addition to receiving extra money, you will have company and help when it comes to cleaning tasks.

2. You are getting married

Nobody marries to live for rent. If you are just a short time from reaching the altar, you should be thinking about buying a property, even more so considering that you can invest in the company of your partner.

Bank loans define how much money they can lend you based on your income, work, and other factors. The good thing about buying with your future wife is that the bank will take into account the income of both of you, so you could buy an apartment or house of a higher value or in the neighbourhood that you both like the most.

3. The family grew

There is no better reason to buy an apartment or house in CDMX than to welcome new members of the family. If you and your partner are expecting a child, investing in a property will give you peace of mind and stability.

We recommend looking for a two-bedroom apartment in a condominium with amenities such as green areas and a pool for you to enjoy as a family. If they plan to have more children and their pockets allow them, they could look for a house or a large apartment.

4. You want to have pets

Having a pet is a great responsibility that requires time, space and patience, therefore, if where you currently live you do not have enough space, we do not recommend getting a pet.

Ideally, you should find a spacious apartment, with green areas where you can take your pet for a walk and receive the sun or a house with a garden. Remember that a small space can stress them.

You are interested in investing in real estate

Buying an apartment or house in CDMX is an excellent investment idea since they have a high capital gain. According to the Federal Mortgage Society (SHF), during the first half of 2019, properties in the capital increased in value by 9.1%.

We recommend buying an apartment, as it is much easier to rent or sell compared to a house. Ideally, it should have parking and a good location, close to major roads and metro stations.

It’s not that hard to get ready, is it? With these five financial points plus the reasons to buy a property, you will be closer and closer to the house you love so much.

 

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