savings: Getting Ready to Buy a Home: 5 Best First Steps Series--Part 3
- 01/23/12 05:11 AM
Best Step 1 - Check Your Credit Now Best Step 2 - Diminish Debt If you're getting ready to buy a home and you've completed the first two steps above, it's now time to start saving! Best Step 3 - Stash the Cash! The no-down-payment loans and some low-down-payment loan programs have tighter requirements than ever before. Trust me, you'll always need a little more money than you think, no matter how much research, planning and preparation you do before buying a home. Even if you've saved up that 3-1/2 percent down payment for the FHA loan program, or 5, 10, or (2 comments)
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Lisa Orme
Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu