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A traditional 20 percent down payment can feel out of reach for many buyers — 20 percent on a $300,000 home is $60,000, a big amount to pay upfront — but many loans accept a much lower percentage.
3. Hire a Real Estate Agent. Think of your real estate agent as the captain of your home-buying team. You’ll want to work with someone who can give you strong referrals for mortgage brokers ...
Here are 14 things you must do before buying your first home. Know Your Budget. Knowing your budget is the most important consideration. “How much can you afford to spend on a down payment, ...
One of the first things you should do is save up for a down payment. While first-time buyers might be able to get away with down payments of 5% or 10%, Ramsey and Cruze suggested waiting until you ...
Many first-time buyers don't even know the steps they need to take to begin the process. If you'd like to buy your first home in 2024 but don't know where to start, don't be intimidated. Here's a ...
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