Monday, October 21, 2019 / by Jessica Nager
First and foremost, the purchase of your first home should be treated as an investment. Making memories and growing a family are all great perks of home ownership, but If you don’t view your house as a financial investment, then you’re not ready to buy. There’s no other way you should be looking at it if you want to make a good financial decision.
Now that we have our groundwork established, let’s get to our 3 reasons why Gary and Grant got it wrong.
Reason #1: Buying A Home Doesn’t Necessarily Require A Large Capital Payment
Our gurus don’t believe in tying up capital in a large down payment, which is understandable. The facts are, though, that the days of having to put down 10-20% are long gone! Buyers in 2019 have more options today than they’ve ever had before.
There are a variety of ways you can minimize or eliminate tying up huge amounts of your ...