09/17/2026
🔑 Struggling to find the one? It could be your budget.
Am I telling you to overspend? Absolutely not! But if you've been approved for a loan and chose to aim lower, it's worth noting that it impacts what you can find.
✔️ If you've been searching for months, and nothing fits:
Homes need major work
Neighborhoods aren't ideal
You're frustrated...
💡 It might be time to re-evaluate.
Again - this doesn’t mean you should blow your budget! And it isn’t a possibility for everyone.
But here’s an example:
You’re approved for a loan of $500,000. We start looking for houses with a max price of $490,000. For months you’re having no luck. You decide to look at houses closer to the upper end of your budget. And at last, I show you *the one* and you close at $520,000.
That’s $30,000 more. On a 30 year mortgage it’s $1000 more per year. $83 more each month.
Yes, there’s interest…but there’s also seller credits and concessions to consider. And it’s my job to make sure you get the absolute best deal on your dream home.
If you’re having a seriously tough time finding that dream home, let's take a closer look at that max price.
For all of your Real Estate needs in New Jersey and Pennsylvania. Whether buying or selling, whether residential, commercial or land we are here for you. Please feel free to call The Hummel Team at 609 977 9915. We'll be happy to help you meet your real estate goals.