In our robust housing market it’s easy to believe that renting is the only option. Especially if you are young and in a high cost of living area such as greater Seattle.
Sure, there are numerous factors that go into taking the plunge as a homeowner. Is your credit strong? Do you have enough for a minimum 3.5% down payment on an FHA loan? How about closing costs? What other debts do you have such as student loans, credit cards, or a car payment?