How to Save for Down Payment
My renters and "want-to-be" first time home buyers, this post is for you! With all the homes being built in the NOVA area, I bet many of you are wondering, when am I going to buy? And how do I get started? One of the most important things to understand about real estate is the concept of ownership, interest and money. For many people, and many millennials, this is a discussion that could last for hours. I’ve been told several times that “I want to buy but I don’t have money.” or more sadly, I want to buy, we meet and discuss finances and find out that they don’t have any money to purchase. The downturn of 2006 did not make it easy for millennials who wanted to work, get their career started and save for a new home. Many had to stay at home with their parents, and wait indefinitely for their situation to change. For expanding families and those who want their own space, this delay can be heartbreaking. Once you are on the same page and ready to ta