🏡 Thinking About Buying a Home in Bowie? Here’s How to Plan Smart
By Scott Smolen, Rooted in Tradition, Focused on the Future
(RE/MAX Leading Edge)
Dreaming of buying a home in Bowie, Maryland? Whether you’re a first-time buyer or upgrading to your forever home, understanding your budget and planning ahead can make all the difference. Here’s a quick, smart guide to help you get started with confidence.💵 Know Your Numbers: Set a Realistic BudgetStart by evaluating your monthly income, debts, and expenses. A common rule of thumb is to keep housing costs within 28–30% of your gross monthly income. This includes your mortgage, taxes, insurance, and HOA (if applicable). Staying within this range helps ensure long-term affordability.🏦 Get Pre-Approved EarlyBefore falling in love with a home, talk to a lender and get pre-approved. Not only does this clarify your price range, but it also makes your offer stronger and more competitive when ...
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