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Home-buying budget

By
Real Estate Agent with First Weber Hedeman Group

 

Mathematical Errors

It’s always wise to establish a home-buying budget for yourself, before you start applying for loans. You would do this by comparing your monthly expenses to your net monthly income (after taxes). But we all make mistakes. If you overestimate your earnings, or underestimate your expenses, you could have trouble keeping up with your payments. To offset this risk in the short term, you should put some extra money aside.

From Scott Larson of Towne Square Realty in Monroe, Wisconsin

"Your Realtor of the Region"

E- Mail scott@greencountyhomeguide.com

On the web at www.greencountyhomeguide.com

I think you will be surprised how affordable the Dairyland is,

so come to my land of cows and plows and visit for a day, but stay for a lifetime

608-2124-9844 Direc
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Comments (2)

David Monsour
Keller Williams Keystone Realty - Gettysburg, PA
ABR - www.realty-insights.com

It's also important not to spend the maximum amount of money the bank will give you if you're unsure of your expenses. 

Jul 27, 2010 02:33 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

good sound advice Scott!  I am surprised on how many folks actually DONT do this!

Jul 27, 2010 03:07 AM