If buying a home is one of your goals this year, we’ll tell you how to go from renter to homeowner. We’ll cover the factors you should consider before saving for a down payment and buying a home. Factor #1: How Much to Save for a Down Payment? To buy a home and receive favorable financing, it’s best to put down a 20% down payment on the house you purchase. It helps reduce your loan...
Deciding to move from renting to buying a home in Austin is one of the most important financial decisions you will ever make. Leasing has come with many perks: less commitment, fewer responsibilities, easy to move around...the list goes on. However, renting a home has cost you more than you think. While the months of rent payments have bought you a laid back lifestyle, that money has been going into...