The Importance of Budgeting
It's easy to fall in love with a home that's out of your reach. Having a total cost in the back of your mind when you start shopping will help you stay on track. We recommend looking at your finances prior to beginning your search. This will help determine what you can afford on a monthly basis and ultimately narrow down your home options.
If you don't already have a budget, it's helpful to write down all of your regular expenses, including income, fixed expenses such as credit card payments, and variable expenses such as dining out and groceries. When you have a detailed overview of your income and your expenses, you can evaluate spending and make adjustments. Download our Monthly Budget Worksheet to assist with this process.