How Much Home Can You Afford?

Home for saleAs you’ve probably seen by now, there are beautiful homes in every price range. Right? And with so many homes coming on the market every month, how can you possibly choose?

Well, the answer is, take it in logical steps. Start with price. After all, we all have a budget, and housing is the single largest slice of the pie. Right?

BPO reportNow call a mortgage lender. (If you don’t know one, I’ll provide you a referral.) Ask him/her to run your credit and do a financial analysis of your debt to income ratio…. critical to determining how much of a mortgage you qualify for.

Mov mon dadNext, sit down with your spouse and make a list of your ‘must have’s’ in one column and ‘wants’ in another. Maybe 3 bedrooms are a ‘must have’, and a 4th bedroom or office is a ‘want’. Maybe a carport is a ‘must have’, but a garage is a ‘want’. Got it?

And by doing just this much, you can now set realistic expections… the first step to finding the right home for your family.

Home ownershipCheck out my website,  Sign in so you can set up listing alerts based on your own personal ‘must haves’. The home of your dreams is out there just waiting for you to claim it.


About Joyce Albert

Why you need a Real Estate Consultant, not just another Agent… The difference between a real estate agent and a real estate consultant is the difference between someone who just wants to make a sale, and a professional who is willing to share with you their in-depth knowledge of the market in order to help you navigate one of the largest financial decisions of your lifetime. In my career as a real estate consultant, putting my clients first has been the hallmark of my success. I will always make myself accessible, be a good listener, and respond quickly to your needs. So if you are looking for a true professional to help you buy or sell a home in the Slidell, Mandeville, or Covington areas, please contact me. I look forward to working with you. Certified 203k Specialist I am a certified FHA-203k Specialist affiliated with the Re-buld USA program.- a program designed to assist buyers wanting to purchase distressed properties (hurricane damaged, repos, short sales) that require rehab. Accredidations -  Accredited Buyer Representative (ABR)  e-Certified  Short-Sale & Foreclosure Certified (SFR) Other Memberhips. . .  Louisiana Association of Realtors  New Orleans Metropolitan Assn of Realtors (NOMAR)  Gulf South Real Estate Information Network  National Assn of Realtors (NAR) of Realtors (NAR)  Real Estate Board of Accredited Buyer Consultants (REBAC)
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