Monday, June 1, 2020

7 Reasons Not to Buy the Best House You Can Afford

There are times when buying the priciest house your lender allows could doom you financially. Many homebuyers get preapproved for a home loan before starting they seriously start shopping—and for good reason. Preapproval by a lender lets homebuyers know exactly how much money they can spend on a house. Because mortgage payments are usually spread out over 20 to 30 years, the maximum preapproval figure is often surprisingly high. But does that mean you should purchase a house at the top of your preapproved budget? Probably not! Keep reading to discover some very good reasons not to buy the priciest house you can afford. Via Interior http://www.rssmix.com/

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