What It Means to Be House Poor – and How to Avoid It
Posted on Mar 15, 2024 in Homeowners
You’ve got your mortgage pre-approval, and you’re shopping the market for your perfect home. If you find one that’s priced too close to your limit, you run the risk of being house-poor. Let’s look at what it is, what you can do to avoid it, and what to do if you are already house-poor.
The Costs of Owning a Home
When you begin the process of looking...