# First time Home Buyer

**URL:** https://forums.speedlife.net/t/first-time-home-buyer/19882
**Category:** NYSpeed Off Topic
**Created:** [November 8, 2006, 8:38am UTC](https://forums.speedlife.net/t/first-time-home-buyer/19882 "2006-11-08T08:38:58Z")
**Posts on this page:** 1
**Showing post:** 14

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### Author: ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)
#### Post date: [November 8, 2006, 9:54am UTC](https://forums.speedlife.net/t/first-time-home-buyer/19882/14 "2006-11-08T09:54:55Z")

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A rough idea that actually proved to be pretty accurate for me is to not mortgage more than double your annual income. I.E. if you make 50k per year don’t buy a house for more than 100k.

Yeah, my agent was a REAL piece of work, so I guess my attitude towards them is biased. A good one could be pretty helpful, but they still make more money if the house sells for more. But like you indicated, how much a couple hundred bucks would sway the average agent probably depends on the individual.

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