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School Reports in Big Canoe, Bent Tree and The Preserve at Sharp Mountain, Georgia
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Real Estate Tips
First Time Buyers >Affording A Home

Are you getting ready to buy your first home? It is important to know how much you can afford before you begin looking at properties. Talking with a lender and getting pre-approved for a loan puts you in a stronger negotiating position with sellers.

As a rule, your monthly housing costs should not exceed 28% of your monthly pre-tax income. These costs include the mortgage payment, real estate taxes, and insurance. If you have long-term debts, such as student loans or car payments, your monthly payments, including your housing costs, should be less than 36% of your pre-tax monthly income. Some loans, such as VA and FHA loans, are more flexible with these basic guidelines.

Depending on which type of mortgage you select, you can consider houses in various price ranges. An adjustable-rate mortgage will usually enable you to qualify for a higher loan amount. Your real estate agent can help you make the basic calculations. Remember that buying at the top end of your price range gives you more time to outgrow your home, and can save you money over the long term.

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Real Estate Trivia
Q 
What is the largest city square in the world?

A 
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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Tom and Kelly Beechler, REALTOR®, real estate agents and broker for Big Canoe, Bent Tree and The Preserve at Sharp Mountain Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

The Beechler Group
CENTURY 21 Best Mountain Properties - The Beechler

30 North Gate Station Drive #102
Marble Hill, GA 30148
Phone #: 770-893-3700 Ext. 22
Fax #: 770-893-4837
Email: tomandkellybeechler@NUMBER1EXPERT.com

SELLING THE MAGIC OF THE NORTH GEORGIA MOUNTAINS WITH THE BEECHLER GROUP… A TEAM OF PROFESSIONALS FOCUSING ON SERVICES THAT SAVE YOU TIME AND MONEY…WE MAKE YOU #1. WELCOME! HERE YOU CAN FIND INFORMATION ON THE COMMUNITY OF BIG CANOE, BENT TREE, COVE LAKE, GEORGIAN HIGHLANDS, THE PRESERVES AND THE SURROUNDING COUNTIES.

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