What should be the first step in the home-buying process?
A)Determine the price range for houses in your target area.
B)Determine how much you can afford to pay monthly for a mortgage.
C)Compare the costs of buying versus renting.
D)Interview three realtors.

Question

Quizplus · Accepted Answer

Determining how much you can afford to pay monthly for a mortgage is crucial as it sets the financial foundation for the entire home-buying process, influencing your budget and the price range of homes you can consider.

What Should Be the First Step in the Home-Buying Process