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- Whether you're ready to upgrade to a more luxurious home or simply need more space, it's crucial to make sure your finances are where they need to be before you take the plunge.
- Don't forget that a bigger house doesn't just mean a bigger mortgage. Prepare yourself for the fact that many of your other bills could also balloon.
- You'll need plenty of money to buy a new home, but your additional funds should cover a lot more than a down payment.
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Dreaming of a bigger home is only natural, and that's especially true if you're still in your starter space. A larger, roomier home will provide more room for your growing family to spread out - and make it easier to host birthday parties and family gatherings.
But, are your finances ready for a pricier abode? That's an entirely different question that you'll need to mull over before you start shopping around for a new mortgage.
While everyone's situation is different, here are seven signs you can afford the larger home of your dreams.
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