“If I were a first-time homebuyer and I wanted to do everything right, I would probably try to track my spending for a couple of months to see where my money was going,” says Winesburg, financial advisor and mortgage planner with McKinley Carter Wealth Services in Wheeling, WV. “You should understand a little bit about monthly cash flow.”

I also talk about credit, down payments, and organizing documents in this article written by Sheyna Steiner for Bankrate.com. To veiw it in its entirety, click here.