While buying a home is amazing, there are times during your transaction that can be quite stressful. From the nervous energy of hoping to find the perfect home, to finding the perfect home, only to learn that the seller has decided they no longer want to sell. This is just an example of a possible situation that can arise on your path to homeownership. That said, buying a home is easier than many people think. If you can afford your rent, then there is a likely chance that you can afford to buy a home. Of course, there are more steps to the homebuying process, which you can explore here with Element Home Life.
On average, buying a home can take between six to twelve months before you qualify; in some instances it could be longer or shorter. There are a number of programs out there, and some of them are designed for those who have a lower credit score. Through these grant programs you may qualify to receive down payment assistance. Not sure you are ready to buy a home, but you are ready to move? You can lease your home, with no obligation. Or you can exercise your right to purchase at any point, from sixty days after moving in. At Element Home Life, we are here to help you make the best decision for your situation.