How to Avoid Being House Poor

Emily Farber
Emily Farber
Published on February 18, 2022

Did you know almost 70% of American home owners consider themselves to be house poor? Being house poor is defined as an individual who is spending such a large portion of his or her monthly income on homeownership expenses that he or she is then short on cash for other financial obligations. poor What are the risk factors of being house broke/house poor and what can you do to avoid it? How much house CAN you afford?

✅ If you’d like talk with Bob Lamkins, Mortgage Lender NMLS# 3719, his contact information is:
319-358-2289, bob_lamkins@hillsbank.com
❤️ If you’d like to talk with me about BUYING or SELLING real estate in the greater Iowa City area, feel free to call/text 319-594-4455 or email me at Emily@RightMoveIowa.com. I’d love to talk with you!
⭐️ Looking for a Realtor®? Read my reviews here! http://bit.ly/2S18xBP

Thinking about selling real estate in the greater Iowa City area?
✅ Thinking about SELLING a home? Grab a copy of my home seller guide here! https://homeiowacity.com/seller-guide…

✅ Thinking about BUYING a home in the Iowa City area? Grab a copy of my home buyer guide here! https://homeiowacity.com/free-home-bu…

✅ Thinking about RELOCATING? Be sure to download my free Iowa City area relocation guide here: https://homeiowacity.com/iowa-city-re…

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I am a Realtor® at Lepic-Kroeger, Realtors, located at 2346 Mormon Trek Blvd., Iowa City, IA 52245. I am licensed to sell real estate in the state of Iowa.

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