5 Tips to Figure Out What You Can Afford

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	Figure Out What You Can Afford Hello! Welcome to the exciting journey of buying your first home. Your friends at FrontDoor know that the home-buying process can be a complex and confusing one, so we're here to guide you through each step of the process, starting from square one. Your first step: Figuring out your financial strategy. Here at FrontDoor, we have a few savvy shoppers who are known for setting a strict budget every time they go shopping, whether it's for groceries, clothes or even houses. They always know exactly how much they have to spend, taking into account bills that must be paid. It's not just a great strategy — it's financially sound thinking. Why wouldn't you do the same for a purchase that's likely to be the largest of your life? Before you even think about house hunting, take some time to look at your financial situation to figure out what you can afford. Here are some tips to help you along. Good luck! Jennifer S. editor next week's tip… Create A Home Wish List   Real Estate Guides   First-Time Homebuyer's Guide   Home Finance Guide Foreclosure Guide   Real Estate Survival Guide Moving Guide   Home Seller's Guide   Real Estate Basics   Real Estate Glossary   Mortgages 101 Buying Dos and Don'ts   Mortgage Calculator Rent Vs. Buy   More Tools and Calculators     Become a Fan on Facebook   Follow Us on Twitter Subscribe to FrontDoor's Weekly Newsletter for even more tips on buying, selling, staging and more.   Not sure if you're financially ready to buy a home? Ask yourself these questions to find out. Add up your fixed monthly expenses to find out what you have leftover for a mortgage payment. The cost of homeownership is more than just the purchase price. Leave yourself some padding for these additional monthly expenses. Figure out a mortgage payment you can afford with FrontDoor's Mortgage Calculator. Get more tips and advice in FrontDoor's First-Time Homebuyer's Guide. Bonus tip: Get Inspired for Your House Hunt You may be just starting the home-buying process, but it's not too early to start picturing your perfect home! Get inspired with decorating and design ideas from HGTV's Rate My Space.   Subscribe | Unsubscribe | Update Your Profile | FrontDoor.com | Privacy Policy | Terms of Use Share this newsletter with your friends on and       For New Subscribers: Welcome to the FrontDoor First-Time Home Buyers Newsletter, which you asked to receive while visiting FrontDoor.com or a website in the FrontDoor.com family. Click "unsubscribe" above if you do not wish to receive this newsletter. Enjoy and we hope to see you again.     © 2012 Scripps Networks, LLC. All rights reserved. 9721 Sherrill Blvd., Knoxville, TN 37932