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Your realtor will ask what price range you are looking for. Usually, he will then show you lots of houses at the top of the range, and some that are over your range. This is because some realtors say you should buy as much house as you can afford. But, if you do, there's a chance you can wind up house-poor. In other words, you'll have a great house, but you'll have to eat ramen noodles for the rest of your life. I'd advise keeping your house payment below 30% of your take-home pay. This will allow you to pay your other bills and still make provision for saving money.
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"I'm disinclined to acquiesce to your request." - Capt. Barbossa
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