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Others may want to invest in real estate but can’t afford the options in the place they want to live full-time. "Most people buy summer homes in places they’re already pretty familiar with. That said,
Buying a property is a big step involving a long-term financial commitment, working out what you can afford can be very powerful as this will help in getting the right property. Advice > Buyer Advice > Mortgages and financing > Working out what you can afford.
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But knowing how much property you can afford often depends on more than just the amount you may be able to borrow. Learn more about the.
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Mortgage brokers use different ways to determine what you can afford, which may lead them to suggest you take on a larger mortgage. But Consumer Reports cautions that just because you’re approved for.
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