- Don’t buy if you can’t stay put
- Aim for a home you can afford
- Get professional help
- Choose carefully between points and rate
- Do your homework before bidding
Savings for a Home
When moving forward with buying a home, it is recommended to put a down payment of 20% on your home, although it is possible to get a loan with less down. Regardless to how much you can afford to put down, it is important to know how much house you can afford.
Dave Ramsey has some great advice for potential home buyers when making the decision to buy a home along with 3 mistakes to avoid.
Share your thoughts. Is there anything you would add?