One More Time… You Do Not Need 20% Down to Buy a Home

One More Time… You Do Not Need 20% Down to Buy a Home

The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses. But do you really need 20% for a down payment?

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How to Start a Budget

How to Start a Budget

Hearing the word, “budget” once was intimidating to me. If I heard people talking about their budget I would see a cloud go over my eyes and zone out. The thought of a budget overwhelmed me. I made my very first budget in the Fall of 2011. Even during this time I did not have a clear understanding of the word budget until just a few years ago.

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You Can Save for a Down Payment Faster Than You Think!

You Can Save for a Down Payment Faster Than You Think!

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state.

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