Three ways to figure out how much home you can afford in this market.
How much home can you afford? Does it make sense to purchase in the current real estate market? Today I’m answering those two questions. I’ll share why you should consider buying right now and three ways to help you figure out how much home you can afford.
Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video:
0:00 — Introduction
0:35 — How to figure out how much home you can afford, No. 1: Debt-to-income ratio (DTI)
1:50 — The bank may allow you a higher DTI if you are less of a risk
2:40 — How to figure out how much you can afford, No. 2: Interest rate
3:45 — How to figure out how much you can afford, No. 3: Does it make sense?
5:20 — Be patient when searching in this market
6:20 — Wrapping up today’s topic
If you have questions or need any real estate help, please reach out to us via phone or our website. We look forward to assisting you.