If you want to buy a house one day, this dream is one that is always worth pursuing—but how much can you afford to spend on making that dream a reality? Whatever your numbers turn out to be, EXIT Realty Nexus can make sure you find a home that's within your budget. For years, they’ve been helping aspiring home buyers peruse real estate listings and find a property for sale. Since their inception, they’ve become one of the most popular and successful real estate companies in the Minneapolis area.

How do you go about assessing your finances when you’re considering buying a home? Deciding to spend 28% (or less) of your monthly income is a wise first step, and those costs should include your mortgage, property taxes, and insurance, plus any applicable condo or association fees.

Plus, your monthly debt payments—like student loans and credit card bills—shouldn’t exceed 36% of your income. You should also carefully calculate how much you can afford to put into a down payment, and make sure you take the overall costs of moving into consideration. If you’re planning on doing remodeling, for example, you’ll need to budget for that—it's also wise to allocate a fund for annual repairs and maintenance.

The right price, however, needs to be balanced with the perfect location, the perfect charm, and the perfect amenities, and the team at EXIT Realty Nexus will help you narrow down your search until great options are the only options you have left to consider To find out more, give their team a call today at (763)757-3948. The ideal home is out there, so let the house finders at EXIT locate it for you!