Tagged : saving money RSS Feed

Found 2 blog entries tagged as "saving money".

The idea of saving enough money to buy your own home can seem daunting. A downpayment for a home needs to be at least 3-5 percent of the purchase price, which even for a $100,000 home is $3,000 to $5,000 you’ll need up front. 

So, how do you save that kind of money? We have some money saving tips and tricks to help you be more frugal and save money fast.

1. Come up with a time frame

Decide when you want to buy a home. If your goal is to buy a home next year, that gives you 12 months to save up for your downpayment. If you want to put 5% down on a $150,000 home and start saving now, you know you need to put back $625 a month to make it happen! Now that you’ve broken it down like that, it doesn’t seem as scary right? 

2. Set up a separate…

947 Views, 0 Comments



Buying your first house is a huge step into adulthood. And as most of us know, it’s an expensive one! In fact, a 2017 Zillow survey of 13,000 adults found that only 39 percent of millennials are able to make the standard down payment on a home, and just one in five can pay the minimum to secure a home loan. Ouch. 

The good news is, there are definitely ways to cut down on the cost of buying your first home. Here are 7 of our best tips:

1. Choose an experienced Realtor

This is first on our list because it’s the most important! And it’s not just because we’re biased. You might be amazing at searching sites like Trulia and Zillow for potential homes, but what you probably don’t know is sometimes that information is totally incorrect. So you can find…

13,324 Views, 0 Comments