Save money for a down payment on a house.
- Consider opening up a second savings account for house repairs and any extra appliances.
- Make sure you know of a good Home Insurance provider.
- Consider the taxes. Set aside money each year to pay the taxes on the house.
- Buy the house thats right for you in terms of size and cost.
- Know what utilities the specific home you want to buy has associated with it.
- Get a 15 year mortgage if you can afford it. You will be able to pay off your fast pretty quickly. After the 15 year mortgage loan is paid off then you be able to save a large amount of money each month and your house will have a large amount of equity by then.
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Joe Moshe at Charles Rutenberg Realty Long Island
Joe Moshe is the Broker/Owner of Charles Rutenberg Realty Long Island, offering 100% commission to Agents. With over 1000 agents, it's one of the fastest growing, most progressive real estate brokerages on Long Island.
Latest posts by Joe Moshe (see all)
- What Can Homebuyers Expect After COVID-19? - May 1, 2020
- Homebuilder Confidence Index Craters Due to Coronavirus Impact - April 22, 2020
- Fed Issues Emergency Interest Rate Drop to Counter Coronavirus Effect - March 10, 2020
