First Steps

Mortgages

Expenses

Stress

Stress

The whole process can be both exciting and terrifying. But once you've made the decision and chosen competent professionals to help, the purchase of your new home can be a rewarding (even fun!) experience. Just remember, be realistic in two areas:

1. Financial -- Don't marry your mortgage.
Be comfortable with what you are spending. There are other things in life besides paying your mortgage. Set aside about $3,000 to cover closing costs.

2. Expectations -- Unless you've got lots of money, you won't be able to afford what Mom and Dad have. Those things usually come a little later down the road.