Many buyers ask if they can buy a house on our own or if they need to use a Real Estate Agent. The answer is yes, you can do it on your own. There is no law that prevents you from buying property without professional Real Estate assistance. You can search for homes, call the sellers and arrange showings, and even negotiate pricing and move-in requirements on your own (although some municipalities require you to pay an Attorney to draw up the actual sales contract). The real question may be "do you really want to do it on our own?"

Read more: Should I Use An Agent Or Not?

Determining Which Choice is the Right One for You

Despite what a lot of Real Estate Agents may tell you, buying a home isn't the right decision for everyone. And since a home will probably be the most expensive thing you will ever buy, it should also be a decision you don't take lightly. Consider these several things before you start to look at buying a home:

Mobility: One of the first things to ask yourself is, "how mobile do I need to be?" Is there a chance your job, family, or education could relocate you in the next few years? Are you the kind of person who would pack your bags and move to another part of the country on a moments notice just to get a change of scenery? If so, renting gives you increased flexibility to move when you want. Buying a home, on the other hand, makes it more difficult to relocate because you have to deal with selling your home as well as the logistics of moving. From a financial standpoint, it also costs money to buy and sell a house. There are real estate commissions, title fees, loan fees, reports and inspections. A home must appreciate approximately 5-15% just to recoup these costs. If you plan on moving within a three-year period it may make more financial sense to rent than to own.

Read more: Should You Rent Or Buy?