Is it possible to give a real estate a budget you want to work with in terms of how much you’re willing to pay a month and see what they can get you?

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Are you buying a house? Figure out what your potential mortgage interest rate is and then determine how much house you can afford based on the max your willing to spend.

Some agents go above and beyond, some may not be able to help you figure out that math.

Not sure what you mean, but that is typically how it goes right? You see what you pre-qualify for, check with the monthly payments would be and stay in that range? Might have to add in things like the HOA fee can’t be more than x to meet what you want for monthly expenses.

I mean…. Anything is possible.

Your monthly payment will be a derivative of:
- down payment
- sale price + property tax rates in your area
- APR on your mortgage (based on your credit score and debt to income ratio)
- community or condo fees

You control some or most of these elements. Why do you need a third party to tell you what you can afford? Just crunch the numbers.

A realtor doesn’t have the 30 year commitment to service the debt or the taxes. Nor are they responsible if a pipe breaks or the roof needs replacement. They just take the one time commission and are gone.

You should take ownership of deciding how much you want to spend, and running the calculations to determine what you can afford.

I just don’t want to buy at an all time high right now. I want it to go down down down 🙏🏻🙏🏻🙏🏻

That’s the wrong way to think about it. If you buy now, you actually want the prices to keep going up so you aren’t underwater on your loan, and so your equity position continues to grow.

Yes

I think Redfin and zilllow sorta offer this if you plug in your down payment info etc

The banks/lenders are not a reliable source in what you can afford!

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