"Major Red Flag": 77% of Buyers Go Over Budget

Loan officers say this is a "major red flag": 77% of recent home buyers went over their budget when buying their new home, with 10% saying they went a whopping $80,000 or more above what they wanted to spend.The data are from a recent ServiceLink survey of more than 1,500 U.S. residents who bought a home in the past two years.A total of 77% of buyers said they went over budget, while only 21% sai