Tri • Freedom
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What Can I Buy?

How Much Real Estate Can You Afford?

Getting an idea as to the price of the home you can afford is an important first step in the home buying process. By understanding the price range you can afford, you can look for real estate in the appropriate areas and really find the ideal home for you. Below you will find some helpful information about the current real estate market trends to help you know what to expect when you start your home search.
 
These stats illustrate that for the Phoenix metropolitan region, the number of homes for sale is still below average, while prices of sold homes and price/sq. ft are trending up over the last 5 years. 
 
Loan prequalification vs. pre-approval
 
Getting pre-qualified for a loan will let you know what you can afford. Your credit history, your income, your outstanding debt, monthly expenses, employment history, the type of mortgage you want, and the amount of savings you have can all have an impact on how much real estate you can afford.
 Please fill out the following information and I can help you determine the price range of homes we should consider.
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