Are you tired of renting a unit and interested in purchasing a home? Buying a home can be an exciting endeavor that can lead to saving more money in the long run. Benefits of home ownership outweigh those of renting and allow you to place your money in a long term investment. One of the largest concerns for First Time Home Buyers involves loan down payments. In this blog we will share a couple simple tips that will allow you to save up for your down payment.
- Create a Budget Plan that works for you: It is important to make sure that your budget is manageable for your lifestyle. Breakdown your monthly spending and determine areas that are opportunities for saving.
- Keep a list of Short Term Saving Goals: Break your saving goals into a series of small steps in order to achieve long term success. Setting aside just $20 dollars a week can lead to great rewards! Creating realistic goals is key.
- Save your loose change: Loose change can truly add up. Save your quarters, nickels, and dimes. Stop by your local bank to deposit the amount into your savings account. Every Penny counts!
- The Cash in an Envelope Method: It is sometimes tricky to keep track of your weekly spending when it comes to credit cards. One system that works is to place your weekly budget in cash and leave it is a safe area. Try to stay in that budget for the entire week. This is great way to save!
- Limit Impulse Shopping: While it is fun to splurge and sometimes necessary- try to use the 24 hour method. When you see something that you love take a day to think about how much you need it prior to purchase. Balance is key!
Buying with our team:
When using an AgentChase Real Estate Agent you will receive closing cost assistance!
– How it works: When you purchase a home with a real estate agent, that agent receives a commission check at closing. When you use an AgentChase real estate agent we give up to 25% of our commission check back to you. This commission rebate can be used for a home warranty, repairs on your new home, or your closing costs. Your commission rebate will be based on the purchase price of the home, as well as the commission that is offered to AgentChase.
To See How Much you Can Save Click on Our Calculator: Buyer Rebate Calculator
About Us:
Jeff and Smruthi are husband and wife Real Estate Team proudly serving Jacksonville and surrounding. They offer homebuyers closing cost assistance allowing them to save. For those looking to sell; AgentChase provides competitive flat fee listing options while providing unbeatable service.
Are you looking to buy or sell? Contact us today at 904-513-8575 or send us an email at different@agentchase.com
