Future Home Buyers: How Much Mortgage Can I Really Afford?

Future Home Buyers: How Much Mortgage Can I Really Afford?

Before you even start looking at properties, the first step in the process should be calculating exactly how much you can afford to pay on your mortgage. Mortgage lenders will use your gross income to make this calculation, but it’s good to know exactly how they decide how much mortgage debt you can take on.

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Buying a Fixer Upper

Buying a Fixer Upper
The cost of buying a home today is rising, making home ownership more difficult to achieve.In fact, for many Americans, the home they purchase to live in will likely be the biggest financial investment they will ever make. In an effort to succeed in becoming a homeowner, more buyers are choosing to look at homes that have lower asking prices due to some type of condition or repair issue.
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