Home loan

[nightrythm]

Can anyone explain this stuff to me in an easy way? I've read everything and I'm still confused.

Why can't I just go in and say, I can afford to spend $x a month on my home (mortgage/insurance/taxes etc.) and I have $x to put down, how much money can I get?

Math is hard and I wanna go shopping, but I can't without doing the math first. *grump*

Comments

[stacymckenna.livejournal.com]

Oh, and for library books, here's some recommendations. There's always the Dummies series - they have volumes on "Home Buying" and "Mortgages". The book I recently read about Neighbor Law was published by Nolo who also has "How to Buy a House in California" and "Nolo's Essential Guide to Buying Your First Home". I've read none of the books I'm currently recommending, but the series are good in general. You might even consider reading Neighbor Law so you can keep an eye out for potential problems while viewing potential properties, and ask pertinent questions of neighbors on the blocks of promising houses. Amazon can suggest other highly reviewed titles based off those starting points.

We did all of our home buying education by the seat of our pants since we've not yet intentionally started a house hunt - property #1 was "we'll just fucking buy the place - don't make us move!" and the second was "hey, wait, it's just next door, the right size, and affordable..."

[nightrythm]

I may just go to the library today.