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HOW MUCH HOUSE CAN I AFFORD?

To determine how much you can spend on a home, take a close look at your budget. Review your bank statements and spending habits for the last couple of months to figure out how much you are spending on everything from cellphone bills to restaurants. The Consumer Financial Protection Bureau offers a spending tracker that can help you figure out where your money is going each month.

Once you have a better picture of your spending habits, determine how much you want to allocate toward a monthly home payment. This figure includes your principal, interest, tax and insurance payment, which add up to your monthly mortgage sum.

The Federal Housing Administration formula, used by many lenders, recommends allocating no...

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Kwame Joseph Compass Realtor

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Kwame Joseph Compass Realtor #NewHomeBuyersMustHaves

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Kwame Joseph Compass Realtor #DidYouKnow

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The following analyses of the Washington, D.C. and Baltimore Metro Area housing markets have been prepared by Elliot Eisenberg, Ph.D. of ShowingTime and are based on April 2017 MRIS housing data.

DC Metro Area - Overview

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DC Metro Area - Overview

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Kwame Joseph Compass Realtor- #DidYouKnow?

DID YOU KNOW?

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Start-to-Finish Guide to House Hunting

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The San Juan Islands, an archipelago off the coast of Washington state long cherished for its remoteness and simplicity, is now the hottest luxury real-estate market in the country.
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