Archive for the 'What can you afford?' category
How do I know how much house I can buy?
What you can afford is one of the single biggest concerns of today’s first time home buyers. Given the range of media coverage, it is no wonder many families wonder how long it will take to afford their very first home. Even the seasoned homeowner that is looking for a second home or would like to trade up to a larger home because their family is growing, is having a hard time determining what to do.
Don’t sell yourself short. Talk with a Realtor®. A good agent is committed to giving you the very best information. Most have solid relationships with professional money managers and mortgage professionals that will guide you though the financial process of buying your home. There are numerous ways to finance in today’s market and many can include a low down payment. Your agent will help find you options that fit your specific budget, and you may be surprised just how much home you can afford. For more information on preparing yourself to buy, visit www.bostonresidentialre.com/real-estate-tips and click on “10 Steps to Prepare for Home Ownership”.
