Tips For Buying Your First Home
The moment has come and you've decided to put your renting days in the past! No more rent checks cancelled, no more warnings from your parents to get your act together, and no more FOMO watching your mates buy their own homes, and without you, the real estate market progresses. Over the last few years of tirelessly saving you are now able to step up your adult game and become a first-time buyer. Here are seven tips for first-time buyers to use as a guide to saving you time and money when buying your first place. Save Sufficient Funds Start saving never gets too early. Many first-time condo buyers believe they can get away with putting down less. For certain locations, however, this is very rare (even select condos that used to allow 10 percent down payments are less common). Most co-ops in many areas allow maximum funding of 80 percent (20 percent down payment), but some co-ops may have even more stringent down payment requests of 30 percent or higher. Save your money, no matter wh