How Much Home Can You Afford?
“What can I afford?”….That is the question we must all ask ourselves when purchasing a home. Sure we all want our dream house but sometimes that can be a little out of our budget. It is important to recognize what you currently spend an income on and how your new mortgage would factor in to the equation. The US Department of Housing and Urban Development has link to help potential home owners figure out what they can afford http://www.ginniemae.gov/2_prequal/intro_questions.asp?Section=YPTH . We at Elite Homes and Property want to help you find a home that meet your needs and exceeds your expectations, without breaking the bank. Feel free to contact us with any questions you may have about purchasing a home. We look forward to hearing from you!
