Know What You Can Afford

Know What You Can Afford

Many decide to buy when they feel ready for a mortgage. But just because they can afford mortgage payments doesn't mean they can afford a home, says New York attorney Rafael Castellanos, a managing director at Expert Title Insurance.

"They have an idea of what their mortgage payment is going to be, but they don't realize there's much more to it."

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First-Time Homebuyers

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