Adam Andrus's Advice

-An approval for 400k would not be a problem for you based on your income.  How long have you been at your current place of employment?  -It is a good idea to get a pre approval just before you begin searching for a home.  -Have you met with a financial advisor or a tax professional regarding your upcoming purchase?  If not, I would highly recommend discussing your financial situation with one.  They are the best resource for formulating a solid tax strategy.  The reason I ask is because depending on your tax situation, you may want to have a higher loan amount so that your write off is bigger, etc.  -In terms of when to buy...now is the time.  Historically low interest rates and median home prices that have fallen by almost 50% in some areas= an incredible time to purchase.  -Hope this is helpful.  Call me if you would like to discuss anything further.  I can recommend a good tax consultant if you do not have one.Warm Regards,Adam Andrus[Contact info deleted by moderator]American Dream Realty