What Can You Afford to Buy?
Housing prices and rents vary from one location to another, but you can use Rent vs. Buy calculator to estimate the difference between your current rent and buying a home. In some markets, buying a home can cost the same or even less than renting.
Remember, when you’re a homeowner, you also need to include homeowners insurance, property taxes and homeowners association dues in your housing costs. You can use home affordability calculator to help you estimate what you can pay for a home.
In addition, you should think about your plans for the future and how you spend your money—along with your comfort level with a mortgage payment. A lender will tell you how much you can borrow, but that lender won’t know how much you spend on travel or golf or your plans for potentially reducing your work hours when you have a family.
Once you’ve thought through the emotional and financial aspects of becoming a homeowner, your next steps Fabulous Homes International Realtor to become your partner in the home-buying process and to meet with a reputable lender who can discuss your options for financing your purchase.
In a real estate transaction, the seller works through a Sales Agent to market and sell a property. The Sales Agent is legally obligated to represent that seller’s interests.
If you are in the market to buy, then feel free to enlist the services of one of our Proficient Buyer’s Agent to represent your needs. In Georgia, the law requires a signed Buyer Agency Agreement to enlist our services. To learn more how we can assist you through a buyers agency relationship, please fill out the following form. We will contact you as soon as possible about this valuable service.