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Deciding to build a house is a significant milestone and a considerable financial commitment. Before diving into the world of homeownership, it’s crucial to evaluate if you can afford to buy or build a new house. It requires careful consideration, strategic planning, and knowledge about all facets involved to ensure it’s the right move for you. Whether it’s your first time purchasing a home or if you are already an experienced buyer, we’re here to help! In this blog post, we will guide you through 7 essential considerations to help you assess your financial readiness and determine whether now is the right time for you to jump into homeownership.