In an earlier post, I outlined how to determine how much house you can afford to purchase. That is an important step in your preparation for house hunting because it puts a cap on spending that will prevent price creep. Price creep is common Price creep is common when big-ticket items are purchased. The large [...]
Long before you go house hunting, you need to determine how much house you can afford based your financial goals and your plans to achieve them. You must determine this for yourself. If you don’t, one of two things will happen: (1) You will fall in love with a house and then try to figure [...]
Spring marks the beginning of the high season for home sales. Maybe you have been inspired by this time of renewal to consider the purchase of a house so you can move out, move on, or move up. But how do you know if you are financially ready for home ownership? It’s an important question. [...]
