Real Estate 101: The Lending Process

As a Realtor, I frequently get calls from people that want to own a home, but have no idea of how to go about buying one. They may say, “I think I want to buy a house but I don’t know what to do.” Or, “I saw a house I would love to buy but I’m not sure where to start or how to do it.” Or even, “Can I afford to buy a home?” If you are thinking, “Yes! That’s me!” you’re in the right place. The question you should be asking is this: Can you afford NOT to buy one. OK, here is dirty little secret number #1: If you can afford to rent a house in Waco, you can afford to BUY one. Let’s be honest, landlords don’t buy a house and then rent it for less than the payments, insurance, taxes and upkeep cost them. They are making a monthly profit View the rest of this article