Location, Location, Location: Your New Home and Your Commute

Ready to buy your first home? Congratulations!

What considerations should you take into account when budgeting for a house? Your preferred location and the amount you are willing to spend are two of the biggest factors. Right? But these two considerations may be much more intertwined, and fiscally significant, than you realize.

The REAL cost of a home entails much more than the sales price. For example, if you are employed and travel to work every day, your commuting costs can quickly add up. To prevent a serious, long-term financial mistake, take time to calculate this cost.