By: Martha C. White | Wall Street Journal
Oct 25
Buying a home is a big accomplishment. It also requires a lot of planning, especially when it comes to your finances.
From figuring out how much you can spend to finding the perfect mortgage, making smart decisions upfront can save you thousands of dollars down the road. However, you can make the process a lot easier—and less stressful—by taking the time at the start to answer some of the most important questions you will face.
Buying a home is “the biggest expense most households will engage in,” says Mike Schenk, chief economist at the Credit Union National Association. “Before you even think about buying a house, you need to have your financial house in order.”
That’s why we’ve put together a three-step guide to buying a home. Read on, and we’ll walk you through the process from setting your budget to choosing a mortgage to actually bidding and closing on a home.
Read the full article on The Wall Street Journal
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