A colleague of mine pinned this on her Pinterest board and I thought to myself, "ALL MY FIRST TIME HOME BUYERS NEED TO SEE THIS!!" The last thing that I want for my buyers, first time or not, is to be house poor. I don't want them coming to me after buying a home and saying, "Now that I bought this house..., "I can't afford to go on a date with my husband", or, "I can't take my kids to Disneyland", or, "I am eating peanut butter and jelly sandwiches every night because I can't afford anything else" Ahhh, that is awful!! I work by referral so these are words that I NEVER want to hear from a client. I want my clients to be able to afford "life" outside of their homes.
This is a great article from the Veterans United Network and offers "5 Tips to avoid being house poor." I hope that it helps all out there who are looking to purchase a home in the near future!
Click on the image below to read this fabulous article.