9-step guide to financing your dream home
Updated: Feb 11, 2019
Not everyone is fortunate enough to be able to purchase a house with cash. Most of us have to have some financial help from our friendly bankers and/or mortgage lenders. There are a bunch of companies out there that are more than willing to sit down with you and go over your finances. You need to get a clear idea of what you are spending right now. Total all your expenses like rent, utilities, insurance,car payments, gas, child care, gymnastics, pilates, lunches, evening meals, shows, church tithing, everything, everything. Don't leave anything out. You don't want to move into that perfect house or buy that perfect lot to build on, and then run out of money. You need to pay all the bills you already have and some more that come with home ownership, you never thought of. Get a letter from your lender, or financial advisor, that lets you as well as your realtor, know what you can reasonably afford. This is all for your benefit. We all want you to have that dream home but be able to enjoy it once you get it. Don't be afraid to ask or dream. Dreams do come true.