Bianca & Real Estate
Homebuying: Money-Saving Strategies at Time of Purchase
By AJ Smith
For nearly all of us, buying a homerepresents one of the biggest financial transactions of our lifetime. There's really nothing that compares to buying a home, since not only do we have to put up thousands of dollars of our own money but we also (usually) have to borrow much more than that.
There's really no getting around the fact that buying a home is expensive. It takes a lot of financial discipline to save up a down payment and make the monthly payments.
Along the way, there are bound to be problems that eat into your savings. Everything from a new roof to a broken water heater is going to cost you. (Of course, renting can also have costly surprises such as escalating rent and being forced to move.) While there's not a whole lot you can…
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