You might think buying you forever home and buying a home that fits you now are two ways of saying the same thing. After all, doesn’t everyone want to buy a home that will be their perfect long-term abode? Unfortunately, it’s not that simple. Thinking about buying your forever home means considering your future needs as well as your present circumstances. It’s an important distinction because not everyone is in a position to buy a house that they can stay in for decades to come.
When you consider buying a home that fits you now, on the other hand, it means identifying what you need right now and how much you can afford to spend on rent or a mortgage in the short term while you continue saving for a down payment on your forever home.
