It’s still a sellers market and inventory is at an all time low. Today I’m going to share with you 5 things that will make your offer stand out against other offers!1). 20% Down (Try to
EMERGENCY BUDGET IS A MUST
Dated: June 11 2021
Home Ownership Tip #8:
Emergency Budget is a MUST
Part of homeownership is making the shift from the renting mindset to owner mindset. It is an exciting way to build long term wealth, but it also carries certain financial burdens of its own. In addition to a mortgage, taxes and insurance, homeowners also need to set aside money for repairs and maintenance. Often called ‘carrying cost’, these ongoing expenses are simply part of home ownership and are necessary to protect your home’s value. You can build these funds gradually, but if your home’s purchase price leaves you with nothing left in the bank, you could be in trouble if an emergency occurs during your first months of ownership.
It is helpful to keeping an emergency fund (many experts suggest between $2,000 and $3,000) to avoid any surprises. Another approach is to invest in a home warranty but more about that on another post.
I'm an Oregon native, and I've witnessed its great transformation – from a relatively unknown into the true gem of the Pacific Northwest. My intimate knowledge of this region, and my experiences of ....