Faulkner: What you need to know before buying a home

Before buying a home, consult a mortgage broker to determine affordability and mortgage qualification. Consider all costs including taxes, insurance, maintenance, closing fees, and moving expenses. Keep total housing costs under 40% of gross income. Realtors provide valuable guidance on neighborhoods, property types, legal restrictions, and the buying process, helping buyers make informed decisions and navigate smoothly from viewing to possession.

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