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Get Your Finances In Order

Once you have decided to purchase a home, you should do a financial inventory. Determine your ability to secure a mortgage, and identify any problem areas if they exist. By assuring that your finances are in order, you enhance your ability to secure a mortgage at a favorable rate.


The Importance of a Pre-Approval Letter

Most home buyers know they should get a mortgage pre-approval letter from a lender before they begin seriously shopping for a home. But the reasons for this advice aren't always clear, and buyers sometimes are dismayed by the amount of paperwork involved. Here is some of the reasoning behind the advice.

How Much House Can You Afford?

Buying a home can be a complicated process, especially if this is your first home. One of the most confusing and important aspects is the costs of buying a new home. How do you determine what you can afford? If you’re working with a REALTOR®, he or she can guide you through this step. Determining how much you can afford to buy depends on three factors.