7 Reasons Not to Buy the Best House You Can Afford

There are times when buying the priciest house your lender allows could doom you financially. Many homebuyers get preapproved for a home loan before starting they seriously start shopping—and for good reason. Preapproval by a lender lets homebuyers know exactly how much money they can spend on a house. Because mortgage payments are usually spread out over 20 to 30 years, the maximum preapproval figure is often surprisingly high. But does that mean you should purchase a house at the top of your preapproved budget? Probably not! Keep reading to discover some very good reasons not to buy the priciest house you can afford. Via builders feed http://www.rssmix.com/