What is the best time to buy a home?

Owning a home provides many people one of the best ways to increase their wealth and provide security. However, you are going to need a lot more than just a down payment. You need a decent credit rating and enough extra cash on hand to pay for any surprise expenses. Plus, it’s important to have a strong debt-to-income ratio showing you can handle any borrowed money responsibly.

If you’re ready to take the big plunge into owning a home here are some tips on how to pick the best time to buy a house.

When your in a good place with any debt you have.