Lately, we’ve been chatting all about the process of buying your first home sweet home. To begin, we listed some tips to help you with the whole buying vs. renting dilemma. If you read that blog post and came to the conclusion that you’re ready to give up temporary decorating techniques and add “homeowner” to your resume… then today’s post is perfect for you!
Now, before you start scouring the real estate listings for your dream home, you need to figure out how much house you can afford. Yep, like many large purchases you’ve gotta start with a BUDGET.
If you’re going to be borrowing money from a bank (which I’m guessing is most of you), you’ll need to chat with a mortgage lender or broker to find out how much cash they’re willing to cough over.