Mortgage
Develop a family budget. Instead of budgeting what you’d like to spend, use receipts to create a budget for what you actually spent over the last six months. One advantage of this approach is that it factors in unexpected expenses, such as car repairs, illnesses, etc., as well as predictable costs such as rent. […]
Continue reading about Buyers… 8 Steps to Getting Your Finances in Order
Typical steps to buying a home in New York State.
1. Get Pre-Approved for a mortgage. This allows you to know your price range and monthly payment.
2. Search for a home.
Prior to determining what type of home would be best for you, I find it is best to determine what you can afford.
At this early stage, all your income, savings, monthly expenses, and debt will need to be reviewed.
