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

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

AUG
23
2011
959,487 Points 27 Featured Posts Outside Blog Attended Rain Camp

I have suggested this to many people to acquire their down payment. It is only short term until they receive their down payment.
9:31am • #1
AUG
26
2011
177,070 Points Outside Blog

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
2:07pm • #2


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Emcee M. Arah, CDPE, CIAS, REMAX ~Sil Spr, MD~ EMA Real Estate Group (Remax Excellence Sil Spr, MD, VA & DC.) Rainmaker_large

Emcee M. Arah, CDPE, CIAS, REMAX ~Sil Spr, MD~ EMA Real Estate Group

Silver Spring, MD

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Remax Excellence Sil Spr, MD, VA & DC.

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