amber-cyman-real-estate

How much money should you save to buy a house? Buying a home is still considered to be a lifetime accomplishment. How much cash you’re going to need upfront to do so is another story entirely. The funds needed to close the sale play an enormous role in your ability to get a home loan. Short-Term Plan: As a would-be homebuyer, you should plan on doing the same, using a percentage of your gross income for determining how much to save. Saving 20% of your income could catapult you into purchasing a home in the next 12 to 16 months, depending on your market. Longer Term Plan: At least 10% percent of your pretax income is a great place to start planning for future home-ownership. It would only take an extra year to come up with the same type of cash in the short-term plan’s one-year goal. Call Amber Cyman now to talk about buying a vacation home. Amber Cyman Real Estate 511 E Front St Suite 102 Traverse City, MI 49686 231-944-9979 https://ambercyman.com https://www.google.com/maps?cid=6707706476642726282

source https://t.co/TgTJfzDmSl?amp=1