![If I hope to buy a house in the next year, how can I prepare my finances? What expenses should I minimize or avoid?](https://b2159820.smushcdn.com/2159820/wp-content/uploads/2019/11/3_prepare_my_finances.png?lossy=1&strip=0&webp=1)
If I hope to buy a house in the next year, how can I prepare my finances? What expenses should I minimize or avoid?
Most homebuyers prepare in advance by saving for a down payment, but the down payment is only one financial factor of many that buyers need to have in order before getting a mortgage.