You Do Not Want To Be "House Poor" - Here's How To Avoid It

We don't know about you, but the thought of sitting in a big new house without furniture or a completed yard sounds like a pretty bad situation. That is why when preparing to buy a house it's super important to account for all expenses. We're talking everything - beyond the downpayment and closing costs. You do not want to be "house poor" after purchasing your first home. Keep in mind that, yes, while the idea of buying your dream home might cloud your judgment, you'll still have an entire life to finance even after the sale is finalized.
In this episode mortgage expert Ivan Simental NMLS# 1762746 explains the meaning of "house poor" and teaches you how to properly prepare so that you don't find yourself in such an unfortunate, but totally preventable situation.
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