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Home-buying process – steps to buying a new house or flat – Money. – Before you start house-hunting, it's a good idea to work out what you can afford to spend on buying a house or a flat and your monthly mortgage payments.
To even begin the home buying process, it’s important to know what resources are available. According to a 2017 Fannie mae working paper, many Americans don’t have a strong, or even basic, understanding of what it takes financially to buy a home, nor if they meet the criteria.
Should You Buy a Home Business or Start From Scratch? – Learn the pros, cons, and other things to consider when deciding to start a home business from scratch or to buy a business. Learn the pros, cons, and other things to consider when deciding to start a home business from scratch or to buy a business.
A Complete 4-Step Guide to Buying a House – wikiHow – Have a home energy audit completed on the house and ensure that the contract is contingent on the outcome. Getting a home energy audit is an essential part of the home buying experience. Not knowing what it really costs to heat and cool a home is a potential financial disaster waiting to happen.
How To Start the Home Buying Process for the First Time – Five Mistakes To Avoid When Buying A Home via Rochester’s Real Estate Blog; Today’s article, "How To Start The Home Buying Process For The First Time," was written by Andrew Fortune, a top Colorado Springs, CO Realtor. Andrew is a full-time Realtor who enjoys creating unique content for the real estate community.
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What House Can I Afford? Your house budget is based on how much you can afford to pay each month and how much you have to put down. While a 20 percent down payment is ideal, the majority of first-time homebuyers actually put down between 5 and 10 percent. When deciding how much you’ll put down, keep in mind how that the amount will affect how much house you can afford.