Many people want to live the dream of owning their own home. Paying rent is a waste of money, they say. What you don’t want to happen is to overbuy or overextend and turn that dream into a nightmare. How much can you afford? Owning a home is special, and you must prepare accordingly. We will discuss the safeguards you need to put into place to eliminate a nightmare scenario. Often, the concept is, “I am paying rent now so if I pay the same amount for a mortgage then I will be all right.” … [Read more...] about Home Buying: How Much Can You Afford?