Comments on: How to Make Your Next Home Purchase Go Smoothly as Possible http://www.americanconsumernews.com/2007/09/how-to-make-your-next-home-purchase-go-smoothly-as-possible.html Helping Smart Shoppers Save Sat, 20 Mar 2010 21:11:39 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Matthew Paulson http://www.americanconsumernews.com/2007/09/how-to-make-your-next-home-purchase-go-smoothly-as-possible.html/comment-page-1#comment-922 Matthew Paulson Sat, 15 Sep 2007 19:53:00 +0000 http://www.americanconsumernews.com/2007/09/how-to-make-your-next-home-purchase-go-smoothly-as-possible.html#comment-922 RV,<br/><br/>It's not an exact science. Generally I would think that as long as your mortgage + insurance + association fees + taxes isn't above 30%, you're doing fine. Some people get in the range where their house payment is 50% of their takehome pay, and they just don't have room to breathe financially...that's not where you want to be. <br/><br/>Koda - Good advice! RV,

It’s not an exact science. Generally I would think that as long as your mortgage + insurance + association fees + taxes isn’t above 30%, you’re doing fine. Some people get in the range where their house payment is 50% of their takehome pay, and they just don’t have room to breathe financially…that’s not where you want to be.

Koda – Good advice!

]]> By: Koda http://www.americanconsumernews.com/2007/09/how-to-make-your-next-home-purchase-go-smoothly-as-possible.html/comment-page-1#comment-921 Koda Sat, 15 Sep 2007 19:23:00 +0000 http://www.americanconsumernews.com/2007/09/how-to-make-your-next-home-purchase-go-smoothly-as-possible.html#comment-921 Good info but people need to know what problems areas to look for in a house, before they make an offer and hire an inspector. In fact many inspectors fail to report problems. BuySmallHouse.com has lots of info on what to look for. Good info but people need to know what problems areas to look for in a house, before they make an offer and hire an inspector. In fact many inspectors fail to report problems. BuySmallHouse.com has lots of info on what to look for.

]]> By: RV http://www.americanconsumernews.com/2007/09/how-to-make-your-next-home-purchase-go-smoothly-as-possible.html/comment-page-1#comment-920 RV Sat, 15 Sep 2007 18:04:00 +0000 http://www.americanconsumernews.com/2007/09/how-to-make-your-next-home-purchase-go-smoothly-as-possible.html#comment-920 When you say, the payment should be no more than a quarter of your take-home pay, did you mean to say,a quarter of monthly's take home-pay?<br/><br/>Does this include only the monthly mortgage or should it be a combined payment of monthly mortgage + Insurance + Association + Taxes?<br/><br/>Cheers When you say, the payment should be no more than a quarter of your take-home pay, did you mean to say,a quarter of monthly’s take home-pay?

Does this include only the monthly mortgage or should it be a combined payment of monthly mortgage + Insurance + Association + Taxes?

Cheers

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