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Wednesday, September 04, 2013

Home Buyer Tips - Recognize your Budget

The home buying process can be exciting - especially for first time buyers.  A home purchase is likely one of the most expensive financial obligations one has during a lifetime (with the exception of raising a child).

Because of its long term implications buyers should always keep their budget at the fore front of any decision.

Buyers need to understand the big picture - all costs associated with a home purchase.  Things such as the mortgage payment, association fees, insurance, taxes,  maintenance and the other homeowner expenses like utilities and upkeep.

The key for buyers... recognize your real budget, not the one the mortgage broker gave you when they pre-approved you for XXX HUNDRED THOUSAND DOLLARS!  There really is more to life than making a mortgage payment!

If you are considering buying a home in Viera, Florida, give me a call at 321-693-3850 or send me an email.

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