Have you thought about purchasing a home this year? Homeownership is a dream for many Americans, but many are unsure of the right time to buy. Can you really afford a mortgage payment? How much mortgage can you afford? How much do home repairs cost you? These are all common questions that first time home buyers have. Additionally, according to data collected in September of 2016, 59% of homeowners wish they understood the terms and details of their mortgage better. Avoid going into a mortgage uninformed. Instead, consider your financial situation and if homeownership is right for you.
What is your current housing payment situation?
It is important to first consider your current housing payment situation. Are you still living with your parents rent free? Do you pay high rental Continue Reading