Tips For Getting Your Down Payment Faster

Looking to buy your first home, but having trouble coming up with the down payment?  Typically you need to have between 5-50% of the purchase price of your home, so here are a few tips to help you save your down payment faster!

Save Your Tax Refund—Doing this alone for a few years may add up to a considerable amount to contribute to a down payment, especially if both you and your spouse commit to contributing the full amount.

Set Up A Savings Plan—This is a great way to make a regular contribution to your down payment fund, and with accounts that allow you to round up all your purchases and automatically deposit them into your savings account, this can be an easy way to save money quickly.

Sell Unwanted Items—This can add a considerable sum to your down payment fund, and is also a great way to get rid of unwanted items before your move.

Check Out Government Programs—There are a number of government programs available, depending on your area, that can assist you in saving for a home, especially if you are a first time buyer.

Dip Into Your Retirement Fund—Be sure that you consult a financial advisor before choosing this option. Some government programs offer this option with no penalty, and it is certainly worth looking into.

Testimonials

We interviewed a few different realty companies and felt very comfortable with Ken and loved the flexibi...

Continue Reading


Thank you for making the MLS services possible! We gained MAJOR & IMMEDIATE exposure with our listin...

Continue Reading


Dear Ken,

Thank you for all your help with selling our home! We really appreciated all the time yo...

Continue Reading


Blog

December 07, 2017
Host A Chinese New Years’ Party

The traditional Chinese New Year is becoming more and more a celebrated festival around the world, and it i...


November 30, 2017
Backyard Summer Entertainment Ideas

When it comes to entertaining outdoors, there’s no place quite like your very own backyard.  Many fam...


November 23, 2017
Planning The Perfect Memorial Day Barbeque

Planning The Perfect Memorial Day Barbeque

While the focus is often on the Fourth of July when it ...


Century 21 Signature Realty Commercial

5580 State St.,
Suite 4
Saginaw, MI 48603

Phone: 989-921-7002

Email