Knowing your buying power in real estate is crucial before you start searching for properties. It helps you set realistic expectations and narrow down your options to homes that you can comfortably afford. If you haven’t done this before or

it’s been a while since you last looked at your buying power, together we can go over the steps to determine your buying power.

 

We’ll look at and cover the following:

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• Calculating Your Budget:

• Get Pre-Approved for a Mortgage:

• Understand Down Payment Requirements:

• Consider Closing Costs:

• Factor in Property Taxes and Insurance:

• Calculate Your Monthly Housing Expenses:

• Consider Other Financial Goals:

• Account for Future Home Maintenance and Repairs:

• Use Online Calculators:

• Consult with a Financial Advisor and or a Tax Consultant