Sep 14, 2009

First-Time Homebuyers: Get Sensible Financial Advice Here

Where were the voices of wisdom in the media a year or two ago? Anyway, Ron Lieber of The New York Times offers these "Seven New Rules for the First-Time Home Buyer."

And sensible rules they are, too -- reflecting an underlying theme that we've always stressed in our real estate books here at Nolo, namely that no matter what the bank or abstract percentages say about how much house you can afford, you need to look at your own income, expenses, and financial future before buying.