: A popular framework suggests having 3 months of living expenses saved, 3 months of mortgage payments in reserve, and comparing at least 3 properties before deciding. 2. Property Evaluation Checklist
: Lenders typically look for an annual income between $100k–$125k to approve a $400,000 mortgage . You can use the Home Affordability Calculator from Progressive to get a specific estimate. i want to buy a home
: You can't change it. Review the noise levels, neighborhood safety, and proximity to work/schools at different times of day . : A popular framework suggests having 3 months
Before you start looking at houses, review your "buyability" to ensure you're ready for the long-term commitment. You can use the Home Affordability Calculator from
: Check the "big three"— foundation, roof, and electrical wiring . These are the costliest red flags in an inspection.
: Review the layout. Does it fit your life 5 years from now? Consider potential family growth or work-from-home requirements. 3. The Buying Process Steps Complete Home Buying Checklist: 10 Steps to Buying A House
