Final answer:
A housing counselor needs to request the client's expenses to assess their financial readiness for home ownership, as it's vital for understanding their financial situation and ensuring they can handle the costs associated with buying and maintaining a home.
Step-by-step explanation:
To determine a client's readiness to purchase a home, a housing counselor should request D - Expenses from the client. This information is crucial because it provides insight into the client's current financial situation, including monthly expenditures related to bills, debts, and other financial obligations. This data helps in assessing the financial feasibility of making the transition from renting to home ownership and further evaluating the costs and benefits.
Understanding the client's expenses is essential for calculating the debt-to-income ratio, identifying potential savings for a down payment, and ensuring that the client can afford the ongoing costs of home ownership. It also helps the counselor guide the client on budgeting for additional home-related expenses such as maintenance, taxes, and homeowner's insurance.