Buyer's Tips & Articles
How Big a Mortgage Can I Afford?
Not only does owning a home give you a haven for yourself and your family, it makes great financial sense, too.
This calculation assumes a 28 percent income tax bracket. If your bracket is higher, your savings will be, too.
Rent: _________________________
Multiplier: X 1.32
Mortgage payment: __________________
Because of tax deductions, you can make a mortgage payment—including taxes and insurance—that is approximately one-third larger than your current rent payment and end up with the same amount of income.
For more help, use Fannie Mae’s online
mortgage calculators.
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®
Copyright 2005. All rights reserved.
Copyright 2005. All rights reserved.
Why Specialized Realty for buying Foreclosures?
- Our firm specializes in Texas foreclosure properties.
- Our agents are foreclosure experts.
- Our foreclosure focus experience helps us to keep you from potential penalties.
- Our foreclosure expertise ensures a smooth process for our buyers.
- Our experience in working with foreclosures helps you avoid any unforeseen penalties.
- We can make you aware of foreclosures before they go on the market.
- SRG buyer's agents represent the buyer, not the seller.
- We offer a market analysis to assist with negotiations.
- We have connections with lenders and mortgage who know foreclosures best.
- We work with foreclosures on a daily basis, so we know when a "hot deal" comes up.
- We offer foreclosures throughout North Texas.
- We have connections with lender and mortgage providers with hands-on experience working with foreclosures.
Specialized Realty Group, Inc.
606 US Highway 377 N
Argyle, TX 76226
Phone: 1-800-636-5418 x 4001
Fax: 940-489-4141
606 US Highway 377 N
Argyle, TX 76226
Phone: 1-800-636-5418 x 4001
Fax: 940-489-4141
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