moneywatch: News Nudges Charlotte Renters Toward Homebuying
- 12/27/17 06:53 AM
Last week’s “Moneywatch” article on CBSNews.com was a surefire attention grabber. It promised to reveal a single “must do” tip for first-time homebuyers. The main point covered familiar ground—but within the supporting information were some facts that could nudge some Charlotte renters into becoming first-time homebuyers. Although the headlined “Don’t Buy a Home Without Doing This First” tip was good enough advice (“build your budget”), the details for how to accomplish that were hardly groundbreakers: Experts advise holding mortgage payments to a maximum of 28% of gross income. Budget for more than just the mortgage amount: allow for upkeep … (2 comments)
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