Are you Ready to Buy a Home?

By: Bri O.
Are you Ready to Buy a Home?
Image: Shutterstock

About This Quiz

There are countless details to consider when buying a house. From mortgages to yardwork, you need to be ready for everything. How prepared are you? Take this quiz to find out if you should buy a house!
How old are you?
You're under 18.
You're between 18 and 20.
You're between 21 and 24.
You're 25 or older.

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Where do you live?
You live on your own and pay your own rent.
You live with your parents or another older family member.
You live with roommates in an apartment or rental house.
You live in a dorm or student housing.

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Do you have a job?
Yes, you have a job or career.
No, you don't currently have a job.
Yes, but you don't yet earn enough to make a living.
You're between gigs.

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Do you have a college degree?
Yes, you graduated a few years ago or are currently working on a graduate degree.
You've graduated high school or have your GED.
You're working on it or you just graduated.
You have sufficient vocational experience.

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Do you know how to cook?
Yes, you're a decent cook.
No, you can't cook.
You can make a few meals.
You know how to use the microwave.

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Do you know about mortgages?
Yes, you've already applied for one.
Isn't that what caused the 2008 economic recession and housing market crash?
They're loans from the bank to buy a house.
No, but you've heard about mortgages before.

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Do you keep your room clean?
Your room is usually neat and tidy.
Yes, but you're not the one who cleans it.
You clean your room when you have the time, which is rarely.
No, it's your space. You're okay with it being messy.

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How much time per day do you spend watching TV?
You don't have much time for TV.
You spend more time watching TV than you care to admit.
You watch for an hour or two.
You watch a few hours per day.

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Do you know your credit score?
Yes, and it's a decent or good score.
No, you've never had a credit card.
Yes, but it's not very good.
No, you don't have a need to know it.

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Who pays your bills?
You pay all your bills...and on time!
You don't have any bills.
You try to keep up with your bills, but it's hard.
Someone else pays for most of your expenses.

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How often do you go out with friends?
You go out when your schedule permits.
You go out most nights of the week and weekend.
You go out a few times a month.
You go out once or twice per week.

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Do you have a savings account?
Yes, and there's actually money in it.
No, you don't usually have enough money for a bank account.
Yes, but you haven't been able to save much.
No, but you have a checking account.

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Do you have a pet?
Yes, you take care of a pet.
No, you're not allowed to have a pet or you can't take care of one.
No, you don't have a pet.
You have a family pet or your roommate has one.

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Do you have a car?
Yes, you have a car.
No, you rely on your friends and family to get around.
No, but you live in a city and don't need one.
You don't own a car, but you can usually borrow one if you need to.

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When's the last time you did yardwork?
You regularly tend to your yard.
You don't do yardwork.
You fix things when they break.
That's what landscapers are for.

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What's your diet like?
Your diet is healthy and wholesome.
You eat whatever you want or whatever someone puts in front of you.
You eat what you can afford.
You try to eat mostly healthy foods, but you're not perfect.

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Are you economically stable enough to stay in one place for a while?
Yes, you're settled in for now.
No, you're economically dependent on someone else.
Yes, for the most part, but you'd like a better job.
Kind of, but it depends on a lot of different things.

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Would you consider yourself independent?
Yes, you're independent in every sense.
You still depend on your parents a lot.
You're on your way to financial independence.
Doesn't being an adult mean you're independent?

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Do you have much debt?
Your debt is well managed.
No or you don't think so,
Yes, and it's hard to stay on top of.
You probably do, but you haven't checked.

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How would your friends describe you?
Responsible.
Carefree.
Hilarious.
Funloving.

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Did you get good grades in school?
Yes, you had a high GPA.
You could have had good grades if you had cared enough to make more of an effort.
You had more important things than school to deal with.
No, you had a hard time in school.

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Are you usually on time for appointments?
Yes, you're usually on time.
Sometimes you're on time and sometimes you're late; it just depends.
If you remember the appointment, you'll be there on time.
No, you're perpetually late.

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Do you have a doctor and a dentist?
Yes, you have somewhere to go for most medical issues.
You go to your family's doctor.
You usually go to a clinic if you need something.
No, but only because you can't afford it.

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Do you have insurance?
You have heath, dental, and car insurance with homeowners' insurance on the way.
Your parents have insurance so you do too.
Yes, you have insurance for at least one thing.
No, you can't afford it.

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Have you done any research into home buying?
Yes, and you've already talked to the bank.
No, but you're planning to soon.
Yes, and you've narrowed down a list of potential houses.
You've been meaning to look into it some more.

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Do you have furniture and supplies for a house?
You've started preparing, and you have a list of items to purchase.
No, but it should be easy enough to get what you need.
You have a few things with plans to buy more soon.
No, you're saving up to be able to buy what you need.

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Why do you want to buy a house?
It's time you had your own space.
You need to get away from your parents.
You're ready to have a home base or settle down.
It's the next major milestone in your life.

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How do you plan to pay for a house and associated expenses?
You'll be able to afford it yourself.
Your parents would pay for it.
You have roommates lined up willing to split the costs.
You would have to find enough roommates to split the costs.

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Do you know anything about household maintenance and repair?
Yes, you can complete most basic repairs.
No, you would have to find someone else to help out.
You know some things, but you don't have much experience.
You love the home improvement channel.

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Do you have a busy life?
Yes, but you still have enough time to enjoy your life.
Yes, school keeps you really busy.
Yes, you have a lot on your plate, but you make it work.
Kind of, but you have plenty of free time.

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You Got: