: 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
: Check the "big three"— foundation, roof, and electrical wiring . These are the costliest red flags in an inspection. 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
: Most lenders look for a score of at least 620 for conventional loans, though FHA loans can go as low as 500. These are the costliest red flags in an inspection
: 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.