Three Numbers to Know Before Touring a Home in the Lehigh Valley
Before you book showings in Allentown, Bethlehem, Easton, or nearby, write down these three numbers. Bring them along so you can compare homes on the same terms.
- Your comfortable monthly payment. Think about what fits your routine once you account for the mortgage payment, property taxes, homeowners insurance, and any association dues.
- Your available cash. Set aside what you plan to use for the down payment and closing costs. Leave room for moving expenses and the first things you’ll need after closing.
- Your maintenance cushion. Decide what you want to set aside for upkeep. On a tour, note the age and condition of items such as the roof, heating system, and appliances so you know what to ask about.
When a home catches your eye, check it against all three numbers before deciding on your next step.