The first step in getting yourself in financial shape to buy a home is to know what you make and what you spend now. List your income and expenses below.
Take Home Pay/All family members
Homeowners or Other Insurance
Other Loan Payments
Credit Card Payments
Personal Care Products
Food prepared outside the home
Remaining Income After Expenses=
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2003. All rights reserved.
Courtesy of Kristi Shoup and Tina Donhoff, Realtors®, REALTOR®