In a recent article posted on CBS12.com® Eric Roby reports about a young couple’s struggle to save for a home. Roby mentions, “Paying the bills and trying to save to buy a home is difficult. “ We tried to break it into a pie where we were at least saving a certain amount of money every month,” first time homebuyer Chiara Norbitz said.”
Moreover, Roby adds, “Deciding how much mortgage you can afford is personal, but Consumer Reports’ experts say a good rule of thumb is to cap your housing costs at 25 percent of your take home pay.
“You need to have money in case the air conditioner breaks or you need to replace the roof,” Cole said. “Owning a home is very cost intensive, so keeping your mortgage payments as low as possible will help you afford everything else that goes with it.”
He concludes with, “Having trouble calculating a number you can live with? Consumer Reports advises working with a financial planner or a third party you trust.”
We here at Water Pointe Realty Group consider our professionals to be that “third party you can trust.” Make sure to reach out to one of our agents today. You can find more information about our agents via our Agent Search by clicking here.
We hope you found this information helpful, we here at Water Pointe Realty Group just love to share helpful and interesting information, and assist potential new residents and potential sellers discover that being a Floridian is a unique lifestyle. We are looking forward to communicating with our past, present and future clients from the Port St. Lucie, Palm City, Stuart, Sewalls Point, Jupiter, and the Tequesta areas and beyond.
Whether you are interested in Jupiter Florida Real Estate, Stuart Florida Real Estate, or any South Florida Real Estate, Water Pointe Realty Group is here to assist. Our knowledgeable, professional, and personable staff is readily available via traditional communication methods as well as all social media networks. You may subscribe to our newsletter here. Become a Twitter®, Google+®, or Pinterest® follower and a fan on Facebook® as well as a YouTube® subscriber today! Our team of highly dedicated, real estate brokers, agents, and Realtors® are extensively skilled and always strive to offer you a real estate experience that will not only meet, but exceed your highest expectations.
The Water Pointe Realty Group team knows the Palm Beaches and Treasure Coast like no one else; and can provide you with the resources to help you make informed and educated decisions. With a team approach, this group of real estate experts is sure to provide you with outstanding service. Your access to homes for sale in Jupiter, homes for sale in Stuart, and waterfront homes is really only a click away! Water Pointe Realty Group, representing the finest properties….from inlet to inlet.
Soon, you too, could say, #thisisthelife
Article by: Jeannie M. Ferrara