Credit card, Money, Debt, Personal finance, Loan, Real estate

I've owned 3 houses, and there are 5 things I wish I could tell every first-time home buyer

On Feb 25, 2020
@businessinsider shared
Build a savings account for home repairs before you even think about buying a home https://t.co/kfEiJdJeyU
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There's way more to home ownership than just a monthly mortgage payment. Expect to spend money in these five other ways — at minimum.

www.businessinsider.com
On Feb 25, 2020
@businessinsider shared
Build a savings account for home repairs before you even think about buying a home https://t.co/kfEiJdJeyU
Open

I've owned 3 houses, and there are 5 things I wish I could tell every first-time home buyer

There's way more to home ownership than just a monthly mortgage payment. Expect to spend money in these five other ways — at minimum.

For years banks have asked for 20% down on a mortgage, but cash-strapped Americans are buying homes with less

Putting 20% down on a mortgage can feel out of reach for today's homebuyers. Making a smaller down payment is becoming more common.

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Guide to Down Payments for First-Time Home Buyers

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How to save money for a house, whether you're buying next year or 5 years from now

Saving money for a house on an average salary can feel difficult, but the easiest way to do it is to make your savings automatic.