Buying a house is one of the most important transactions you’ll ever make. So what do you need to know before buying to make it one of the best transactions too?
1. Know What You Can Afford. Most lenders will work the numbers and tell you the highest price you can afford for a house. But is this really the price you should go with?

Determine ahead of time what you are comfortable fitting into your monthly budget. Don’t let a lender do it for you. Your lender looks at existing debt when determining how much house you can “afford” – that’s credit cards, student loans, mortgages, and the like. …read more