Can You Afford to Buy?

Can You Afford to Buy?

A scary but important question! It’s a good idea to determine how much you can afford before you start looking for your home, or even worse, falling in love with a home that costs more than you can afford.

When determining what you can afford some things you will need to consider are:

• Your current income and assets
• Your down payment amount
• Current interest rates and length of the term
• Your current financial obligations and responsibilities
• The home you may be interested in
• Your relationship status
• Sale of your existing home

Each of these things can have a positive and negative affect on what you can afford. Once you determine that you can afford to buy, or to discuss further, please contact me.

“We showed up at Jacquie’s office just to explore our options and ended up putting an offer on a house one week later. Jacquie was able to walk us through everything quickly and efficiently so we were sure we could afford and purchase our first home. What could have been major road blocks became much less than small bumps due solely to her determination, assistance and abilities to lead us through this process.”

~ Megan and Chris