Florida Real Estate Blog

June 12, 2007

How Much Real Estate Can You Afford?

Filed under: Florida Home Builder, Real Estate, Uncategorized — gbeaty @ 12:18 pm

Now is the time to sit down and realistically assess your finances. With your current income, less any recurring bills and a comfortable amount for incidentals, calculate how much you have available for a mortgage payment. Don’t forget about taxes and insurance when calculating your home expenses. Next, interview potential lenders and obtain pre-approval from the lender of your choice. At this point, should have a good idea of how much home you can afford, and will be able to reasonably determine how many of your “dream” features you can afford. fla real estate listings

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