How to Assess Your Affordability

There are many great New Jersey area homes for sale. Click here to perform a full home search
or if you're thinking of selling your home, click here for a FREE Home Price Evaluation 
so you know what buyers will pay for your home in today's market. You may also call me at (908) 912-4900 
for a FREE home buying consultation to answer any of your real estate questions.

Buying a home is a big step in your life and if you’re just getting started, you’ll need to know where to begin in order to get the home of your dreams in Piscataway for elsewhere.

The first step to take is to figure out how much you can afford to buy. You don’t want to look at homes out of your budget, and you want to have a good estimate of what your home payment will be each month.

 

To figure out what you can afford, you need to get hooked up with a mortgage lender. They will check all your financial information, including credit scores and debt-to-income ratio and determine how much you can afford based on that.

Once you are pre-approved, it’s time to start looking. You'll know exactly what you can afford, and you’ll look like more of a serious buyer, causing your offer to stand out among others.

If you have any questions for us about getting pre-approved or anything else in the home buying process, give us a call or send us an email. We would love to hear from you.

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