Buying a home feels like a rite of passage for most people. You hit a certain stage of life, and buying a house seems like the thing to do. But contrary to popular belief, home ownership is not the gateway to adulthood. In fact, if you’re not smart about it, buying a house before you’re ready could be the gateway to financial ruin.

Before you take the plunge and purchase a home, you need to be ready to deal with the financial requirements and obligations.

Looking for more information about real estate and buying a home? Check out these articles:

• Finance Tips for New Home Buyers
• Scott’s Top 5 Real Estate Secrets
• How to Win a Bidding War
• Don’t Become a Real Estate Horror Story
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