Real Estate advice I gave 12 years ago still stands, check it out...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
I wrote a blog post in 2010 how ironic, twelve years later I might not need to change much to it? Let me know your thoughts https://activerain.com/droplet/5cXM The first step in home ownership is to figure out how much you can afford each month. Many first-time buyers look at their current rent and base it what they can afford. The key is to know how much one can afford. Once this is determined the rest is easy.The key is to know what the budget is in the long run. Do not spend every penny of your income to your housing budget. Remember you still need to eat and there are unexpected costs, or should I say unplanned costs that you need to think about. Even if you need to cut back on your down payment for the sake of having a reserve in your bank account for emergencies it is worth d...
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