A home may be bought on a single income for various reasons. The buyer may not be married, the buyer is confident about buying a home on their income alone, the buyer may want more autonomy on the property, the buying family has a single source of income, or they simply because they want it to be a single income property. Whatever the case, buying a home on a single income may feel daunting and intimidating to some. But with a little financial planning, owning a home with a single income is very much a possibility, even if you are buying your first home.
A home may be bought on a single income for various reasons. The buyer may not be married, the buyer is confident about buying a home on their income alone, the buyer may want more autonomy on the property, the buying family has a single source of income, or they simply because they want it to be a single income property. Whatever the case, buying a home on a single income may feel daunting and intimidating to some. But with a little financial planning, owning a home with a single income is very much a possibility, even if you are buying your first home.
