17 vitally important tips that every first-time home buyer should know. Tips are included for every step of the process, from the reasons for buying a house, to how much you can really afford to spend on a home and what to do when you move in. All of the advice is given by someone who has just been there and done it, not someone trying to sell anything.
Key Takeaways:
- Be clear about why you’re buying a home
- Don’t spend more than 30-40 percent of your annual income on home ownership
- Look at houses based on the lifestyle you have not the lifestyle you aspire to have
“Don’t spend more than 30-40 percent of your annual income on home ownership — this includes your mortgage, insurance, property tax etc.”
https://www.popsugar.com/home/Tips-From-First-Time-Homeowner-42655770