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Avoiding Financial Stress - How To Make Your Life Easier. There are many different opinions about “how much” house to buy. The two extremes are:
Buy ALL the house you can afford. You can use the tax deductions and you’ll “grow into it.”Buy something you can comfortably afford. There’s more to life than being a slave to the mortgage payment.
I really don’t want to make the decision for you and your family. Personally, I’ve lived at BOTH ends of the extremes and I like the second one better. I live comfortably and am able to take my kids on vacations or go out to eat without stressing out. That huge home and the huge mortgage payment NEVER made me happy.
If you are a first time homeowner, you may end up closer to Option 1 above than Option 2. That, unfortunately, is part of the cost of getting started with owning real estate in America.
If you’d like some experienced counsel about what to do and how much to purchase, you can contact me or my recommended mortgage lender below.
There is no obligation for the consultation. I want you to understand your choices and make the right decision for you.
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