Suze Orman: How to Ultimately Afford Your Dream Home
The money expert shares the essential steps to buying your own place—and knowing when the time is right.
By Suze Orman
Be Realistic
Sure, it's fun to check out luscious magazine spreads, but don't base your housing dreams on someone else's. If what you can swing is a $1,500 monthly mortgage, there's no point in setting your sights—for now, anyway—on the $5 million Malibu beachfront property or the 10,000-square-foot Central Park penthouse.
Create a dream you can achieve, the next step that works for you. If you're renting a small studio, dream about a condo of your own. If your family has grown and your house hasn't, dream about a place with one more bedroom and a backyard big enough for the jungle gym your kids want.
Create a dream you can achieve, the next step that works for you. If you're renting a small studio, dream about a condo of your own. If your family has grown and your house hasn't, dream about a place with one more bedroom and a backyard big enough for the jungle gym your kids want.
Published 11/07/2016