Want to buy Real Estate but don’t know where to start? Let me walk you through my home-buying strategy.
Investing time, energy, and most importantly money can be intimidating, but after nearly 20 years of experience, I can tell you it is simpler and more straight forward than it seems when you adopt this method:
I always tell my clients, the first step for any new buyer, is to talk to a lender. Before you can go anywhere in the home-buying process you have to know how much you are going to spend on a property. So talk to a lender, but do NOT approach the conversation with “how much can I afford” BUT rather “how much am I comfortable spending,” particularly, “how much am I comfortable spending monthly.”
By taking this approach you give yourself a financial cushion which ultimately decreases the stress of investing and covers any potential, unanticipated costs. Rather than committing to a budget that will require you to cut unnecessary corners or facilitate financial instability, come up with a number that will give you comfortable monthly payments. The next step is equally as simple and I will share it next week so STAY TUNED for more!