Upsize or Downsize: Which is Your Best Move? 1. How are you using your current space? Do your family members feel like they don’t have adequate privacy or space to do their own thing?  Are you tired of working at the dining table and really need an office or workshop? Is having the kids share bedrooms just not working out? Maybe an upsize is warranted. On the other hand, do you have rooms that aren’t being used, or are you tired of paying property taxes on more house than you need? Check for the downsize column! 2. Have you considered the maintenance costs? If upsizing is on your mind, c ..read more

Step One: Get Your Finances in Order Having a pre-approval or proof of funds (if you’re buying in cash) is the first step of purchasing a home for anybody and everybody. Otherwise, you could miss out on the perfect home. For proof of funds, you’ll just need to give your bank a call.⁣ For a pre-approval letter, you’ll need to talk to a mortgage lender.⁣ Most lenders recommend not buying a house that costs over 3 to 5 times your annual household income. This way, if you pay a 20% down payment, you will have a moderate debt at hand to manage. Your mortgage lender will help you det ..read more