Saving money for a downpayment on a home may seem like a daunting task. But over time, some very simple ways to save money can add up to big dollars. The higher your downpayment, the less you have to borrow, so get started with your savings now. You can do it with these simple tips. Drink […]
The decision to buy or rent is a big one – and different for each individual. Some people are ready to settle down in one spot. Others know their career plans or family status may be changing and aren’t ready to commit to homeowning yet. In such cases, it is smarter to rent so you have the […]
You’ve always wanted a place of your own… you are ready to settle down in one spot for a while, have a decent, steady job and pretty good credit. Maybe you’ve been thinking about it for a long, long time and are wondering when is a good time. This year could be the time for […]
Buying a home typically involves a downpayment and a mortgage. And saving for the downpayment can take a long time. According to NAR, it could take 12 years to save 20% down on a $250,000+ house. Why start that high? First time home buyers do not need to buy a home that costs so much […]
Self-made millionaire and author David Bach thinks that not prioritizing homeownership is “the single biggest mistake millennials are making.” Everyone has to live somewhere for the rest of their life- and pay for it. Over the years it is easy to spend hundreds of thousands of dollars on housing costs. (think $1,000/month rent x 20 […]