Are you ready to stop renting and buy a house. Once you know where you want to live and set your goal budget, its time to save. According to Trulia.com Blog, “Planning to have 20% of a home’s purchase price to use as your down payment is a smart move. It not only makes you a more attractive borrower to a lender, but it also makes you a more reliable buyer. The more money you put down, the less likely your financing (and your home purchase!) will fall through”.
Saving a 20% down payment can be daunting task but its not impossible if you take steps one at a time. One of the first tips is making a budget and sticking to it can be the best way to lower cost of living for you and your family. For more tips – at: https://www.trulia.com/blog/build-down-payment-in-1-3-or-5-years/#sthash.L27OxPx1.dpuf
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