So you're a first time homebuyer and not really sure where to begin when deciding to purchase your 1st home. Where should you begin?? 1st off, start with contacting a mortgage lender, figure out what price range of home you are shopping for. A good general rule of thumb----monthly housing costs shouldn't be more than 32% of your gross household income. Housing costs includes monthly mortgage principal and interest, taxes, heating expenses and half of the condo fees.
No comments:
Post a Comment