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The program also requires a housing education class.On any loan, compare costs carefully, and not just rates.A lower rate may mean a higher lender’s fee, said Dean Vlamis, vice president of mortgage lending at Guaranteed Rate. Don’t house hunt alone Buying a home is an exciting milestone.It’s also a major investment, so don’t let emotions cloud your decisions.our Christmas Extravaganza, we try and ensure an even mix – it does tend to keep the banter light!Age-wise, people range from mid 30’s to mid 50’s on the whole, but we also welcome active older guests who want to pitch in on board.
Money 101: Get Your Finances In Order Before Buying a Home Be sure to consider all the recurring expenses associated with homeownership beyond the purchase price and mortgage closing costs.
You want to be able to afford and keep your home — so it’s wise to have a bigger savings account than you would if you were buying as a couple.
Watson found that to be true after moving in to her condo.
Some of the tips below can make the process more manageable: Ask, can you really afford to buy?
Scrutinize your finances carefully and evaluate whether buying a home is even feasible.