Tag: savings
Articles tagged as Savings
When Will it Be the Buyer's Turn?
Posted on March 12, 2024 by
James Whitten
There has been a good deal of talk about the market cooling.Does this mean it's currently the buyer's turn in profiting from market conditions?A buyer's market occurs when sellers have minimum power at the negotiating of the sale of a house.The purchaser has an advantage because there are more houses to choose from.Home prices may also be down because of the negotiations of shrewd buyers.Are we heading for a buyer's market? Some areas have shown signs that we are...
Using Retirement Savings for Your Down Payment
Posted on August 8, 2023 by
James Whitten
One of the largest hurdles to purchasing your first home is discovering the deposit.Alas, you might curently have it rather than even realize it.Long ago, you needed twenty percent of the worthiness of the house you were thinking about as a deposit.On a $300,000 home, that equated to an impressive $60,000.As possible guess, few people could afford this type of cost on a fresh home.The mortgage industry gradually evolved a far more liberal attitude towards down payments...