Don't wait too long to buy a house. It may cost you more than money.
By Mike Cooper, Broker VA,WV, Your Neighborhood Real Estate Sales Pro
(Cornerstone Business Group Inc)
Don't wait too long to buy a house. It may cost you more than money.One of the most common questions Realtors deal with is related to "how much house" a buyer can afford. The first place to start when you want to buy a house, is the lender's office. A lender is a great resource in the home buying process because the lender can determine what buying power a home buyer is capable of. Then, with that information in hand, a buyer knows what price he/she should be shopping in. It would be terribly frustrating to shop for a $400000 house if a buyer's buying power is $232000.Don't wait too long to buy a house: The cost of waiting.There is second issue buyers should also consider when they start the process to buy a house. That is time and interest. Time and interest rates can work for you, or ...