Budgeting for a new home, whether it’s a home for sale in Valrico or you’re looking for a condo for sale in Brandon, is incredibly important—and if it feels like it may be a stretch before you even make an offer, you may want to keep looking for homes that are a better fit.
Can You Afford the Home You Want?
If you must convince yourself that you can make mortgage payments on a home, even if it means curbing your Starbucks habit or reducing your car insurance premiums, experts say you should keep moving.
Remember, in your new home, you’ll be responsible for maintenance, mortgage payments, homeowner’s insurance premiums, and repairs. You might also need to drive farther to and from work, school, or the other places you frequent, so take that into account, too.
“The cost of buying a house you shouldn’t is far higher than the cost of leaving it behind if you’re worried about the payment,” says Todd Huettner, founder of Huettner Capital in Denver, Co. Sure, it’s tough—especially if you’ll be losing your earnest money deposit or you’re very emotionally invested in getting the home—but in the long run, you’ll be glad you passed it by.
Are You Looking for Homes for Sale in Tampa’s Suburbs?
If you’re thinking about moving to Tampa, check out the links below to search for homes with just one click:
Call us at 727-584-8480 or 813-961-6000. If it’s easier, get in touch with us online. We’ll begin searching for your new home right away.