homeownership: TOP 10 LIST BEFORE BUYING A HOME
- 01/11/18 05:11 PM
TOP 10 LIST BEFORE BUYING A HOMEWhether you’re becoming a homeowner for the first time or you’re a repeat buyer, buying a home is a financial and emotional decision. Are you ready to make a move? TOP 10 LIST BEFORE BUYING A HOME Before you start looking for a home, get pre-qualified for a loan. Banks,credit unions, and mortgage bankers make home loans; mortgage brokers process loans through a variety of lenders. The lender will take an application,process the loan documents, and see the loan through to the funding stage. If you have marginal or bad credit, consult your lender. You may … (3 comments)
homeownership: COST OF RENTING VS BUYING - WHICH WAY TO GO?
- 01/11/18 05:06 PM
COST OF RENTING VS BUYING - WHICH WAY TO GO? The infographic below shows a few figures about Cost of Renting vs Buying ... I bet that a few of you will be quite surprised. In OKC Metro area an apartment monthly rent for 2bed+2ba ranges on average between $750 to $1400 and up. It depends on location, amenities and age of the apartment complex, of course. If you are thinking about your own four corners, however, and getting some return on investment for your hard earned money - then an idea of buying a house is really something you could give some serious … (2 comments)
homeownership: 4 Tips to Determine How Much Mortgage You Can Afford
- 01/07/11 11:13 AM
4 Tips to Determine How Much Mortgage You Can Afford By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget. 1. The general rule of mortgage affordability As a rule of thumb, you can typically afford a home priced two to three times your gross income. If you earn $100,000, you can typically afford a home between $200,000 and $300,000.To understand how that rule applies to your particular financial situation, prepare a family budget and list all the costs of homeownership, like property taxes, insurance, maintenance, utilities, and community association fees, if … (2 comments)
TOP 10 LIST BEFORE BUYING A HOMEWhether you’re becoming a homeowner for the first time or you’re a repeat buyer, buying a home is a financial and emotional decision. Are you ready to make a move?
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