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Manahawkin, NJ 08050
Office 609-978-4046
Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the household to save money for the future while comfortably covering […]
Are You Spending TOO Much on Rent? Read More »
According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby boomers has aged into prime homebuying age, there will no doubt be an uptick in […]
Still Think You Need 15-20% Down to Buy a Home? Think Again! Read More »
Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this limiting belief that often adds months, and sometimes even […]
The Cost of NOT Paying PMI Read More »
You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]
Having Trouble Saving Enough for Your Down Payment? Crowdfund It! Read More »
Some Highlights:
The average down payment for first-time homebuyers is only 6%!
Despite mortgage interest rates being over 4%, rates are still below historic numbers.
88% of property managers raised their rents in the last 12 months!
Home Buying Myths Slayed [INFOGRAPHIC] Read More »
![What You Need to Know About the Mortgage Process [INFOGRAPHIC] | Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2018/07/17145720/20180720-Share-STM.jpg)
What You Need to Know About the Mortgage Process [INFOGRAPHIC] Read More »
According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, but in March, 71% of first-time buyers […]
First-Time Home Buyers Continue to Put Down Less Than 6%! Read More »
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that the main reason why non-homeowners do not own their own homes is because they believe that […]
You DO NOT Need 20% Down to Buy Your Home NOW! Read More »
Some Highlights:
Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking much about it.
Living within a budget right now will help you save money for down payments while also pay…
3 Tips for Making Your Dream of Owning a Home a Reality [INFOGRAPHIC] Read More »
Some Highlights:
The average down payment for first-time homebuyers is only 6%!
Despite mortgage interest rates being over 4%, rates are still below historic numbers.
88% of property managers raised their rents in the last 12 months!
The credit scor…
Home Buying Myths Slayed [INFOGRAPHIC] Read More »
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state. Using data from the United States […]
You Can Save for a Down Payment Faster Than You Think! Read More »
According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $2,840 this year when filing their taxes. This is down slightly from the average refund of $2,895, last year. Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals; for anyone […]
It’s Tax Season… Use Your Refund to Jump Start Your Down Payment Savings! Read More »
