07-28-2009, 02:27 PM
Steve85 Wrote:And perhaps it goes without saying, but, be careful about "approved for" and afford. Only tell the realtor what you can afford. If you are approved for 350K but can only afford 250K, your realtor will take you to 325K houses all day long trying to push your budget for the increased commission.and dont forget to factor in property taxes and home owners insurance. For me this adds about $600 to my monthly mortgage payment. Not chump change.