The decision to buy a home in Clarksville, Tennessee or anywhere else, is a big one, so you owe it to yourself to make sure you have the best possible information before you make it. This "look before you leap" mentality will serve you will in all facets of your life, but it particularly useful in determining if you're making a big mistake moving out of your rented Yonge and Bloor condo and purchasing a home in Clarksville. To make sure you're ready, ask yourself these questions.

Can I afford it?

This is the biggie. You may be under the impression, from seeing all those advertisements for cheap mortgages on Mississauga real estate, that anyone can afford to buy a home, but trying to do so when you're not financially stable is one of the biggest mistakes a person can make. A good rule to go by is that if you've saved up 20% of the purchase price and can afford to set aside 30% of your monthly income for your mortgage payments, then you're in a good way to be able to afford a house of your own.

Will this home suit my lifestyle?

Don't let your family or friends talk you into buying a property if you're not ready to settle down. Buying is more financially beneficial for you in the long run, but if you're not ready to be tied down to a certain location for years or even the rest of your life, you should reconsider. Like your cousin's real estate agent in Brampton told her when she was looking for somewhere to live: homeowners must be willing to pour their money, sweat, and time into their house. Can you see yourself doing that?

Can I do this on my own?

It's a recession, so it's understandable that you may want to make your real estate transactions without the aid of a professional who may cost you big money in fees or commission. However, you should think about everything that's involved in selling your existing Square One Condominiums unit and buying a home in Clarkson. There's advertising, open houses, negotiations, legal contracts, closing costs, inspections, appraisals, and more. If it seems like too much remember this: mucking things up can cost you more in the long run than hiring a pro to see it through properly.

What neighborhood is right for me?

Obviously everyone would like to be able to afford Toronto beach homes or mansions in Clarksville's ritziest suburb. However, that's unfortunately beyond the means of most of us. This doesn't mean you have to settle for the cheapest property you can find. You should always take careful note of each potential home's location, walk the neighborhood during the day and night, and investigate parking and amenities in the area to make sure you will be safe and comfortable there.