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Finding Your Downpayment - Tip #4: Ever Consider A Second Job?

By
Real Estate Agent with Remax Excellence - Silver Spring, MD Maryland #318884

Finding Your Downpayment

The first thing you'll need to do when buying your first home is come up with your downpayment. Your downpayment can be anything from 0% up to as much as 50%. There are lots of ways to come up with your downpayment when buying your first home. Here is Tip #4 for Finding Your Downpayment!

Finding Your Downpayment - Tip #4: Ever Consider A Second Job?

get a jobYou're working full-time and have the normal utility bills, gas for your car and food to buy. You're on a tight budget but need to start saving for your downpayment. Have you ever considered getting a second job to save for your downpayment?

Now, before you start to panic, consider this...  A second job doesn't have to be full-time. It could just be a few hours per week.  Even 2-5 hours per week that is dedicated to be put aside to save for your downpayment is more than you would have if you just choose to "wing it."  After all, the best of intentions are like smoke if they never come to fruition!



For more ways to save money when you’re ready to buy, e-mail us or click here to visit our website!

Emcee Arah
RE/MAX Excellence Realtor with Architectural Dimension

Serving all your Real Estate needs in MD, VA & Wash., DC

Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I have suggested this to many people to acquire their down payment. It is only short term until they receive their down payment.

Aug 23, 2011 02:31 AM
Emcee M. Arah
Remax Excellence - Silver Spring, MD - Silver Spring, MD
Realtor w/Architectural Dimension, AHWD CRS B-Arch

Exactly, Harry - short term. It's a quick means to an end and, once you get the downpayment, you can quit! Or, if you're into a routine, stay on and continue saving for a rainy day!

Emcee

Aug 26, 2011 07:07 AM