When following smart buying to purchase a home you should
A)create a budget and determine what PITI you can afford.
B)check out your FICO score and get a copy of your credit report.
C)look at your overall financial plan to determine how big a loan you should take on.
D)determine how much of a down payment you can afford.
E)all of the above.

Question

Quizplus · Accepted Answer

To follow smart buying when purchasing a home, it is important to consider all of the above options. Creating a budget and determining what PITI you can afford, checking your FICO score and credit report, looking at your overall financial plan to determine a loan amount, and determining how much of a down payment you can afford are all essential steps in smart home buying. Therefore, option E (all of the above) is the best choice.

When Following Smart Buying to Purchase a Home You Should