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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Renting vs. buying a home....So difficult coming up with a down payment!
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Poster Handle
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Biochemky |
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Post Content
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Ok, so hubby and I want to buy. We are long-time renters and pay A LOT just to rent.
We are basically throwing our money away.
We would love to buy, but with rent so high, it's EXTREMELY DIFFICULT to save up enough for a down payment.
Any advice on how to do that (i.e. financial services I'm not aware of)?
Quoting: Inflation sucks... 1457789 Look for an opportunity where you can rent with an option to buy. That is when the owner of a house allows you to put a certain percentage of rent that you have paid to live in the home toward the down payment that is part of the purchase of the home. That way you can become home owners with a smaller mortgage and faster.
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