“I Will Probably Get A Raise Next Year” Is No Way To Plan A Denham Springs Housing Budget

Wisdom for First-Time Home Buyers

What’s the quickest way to turn the American Dream into a nightmare? Buy more house than your CURRENT budget affords. Think a high car note for five years is tough? Try a mortgage payment you can’t afford for the next 360 months.

Working with first-time buyers I hear this logic often. Sure we only make 2,000 a month now but next year I will be due for a fat raise. Once we are earning 3,300 a month this note will be a breeze. Like a cynical old billy goat I ask the obvious question…….read the remainder of Doug’s wisdom below!

Via activerain.com

Related Posts Plugin for WordPress, Blogger...