answersLogoWhite

0

Due to low housing prices across the country, now could be a great time to try and buy a home.� While housing prices are low, there are tips you should follow when trying to finance the purchase of the home.

One tip for financing the purchase of the home is to try and save for a 20% down payment.� If you put down that much money, you can avoid having to pay private mortgage insurance, will receive a better interest rate, and will likely not have to worry about becoming underwater on your new mortgage loan in the near future.�

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What are some good cheap home improvements tips?

There are plenty of home improvement tips that can be done for a low investment and have a high impact on the value of your home. http://www.bankrate.com/finance/money-guides/10-cheap-fixes-to-boost-the-value-of-your-home-1.aspx outlines 10 easy ideas to get you started.


In finance, what does the acronym "TIPS" stand for?

In finance, the acronym "TIPS" stands for Treasury Inflation-Protected Securities.


What's a good website to learn more about home finance?

There are lots of websites that will let you learn a lot more about home finance. You could go to: http://www.hfamerica.com to learn more about home finance.


Where can one find a good home finance loan?

One can find a good home finance loan from: Norton Finance, Easy Loans Company, Info Choice, Realtor, Financial Tools, Home Loan Financial, Axis Bank, to name a few.


What is some good home finance software?

Ace Money, Quicken, YNAB, Moneydance, BankTree, Simple Home Money Management, Budget Express, PiggyBob Premium, Rudder and Yodlee are some good home finance softwares.


Where can one find good home improvement tips?

Better Homes and Gardens has a website offering good home improvement tips for inside your home and outside as well. Another possibility is the diy network if you're ready to tackle things yourself. You can also try hgtv. and Home Improvement Tips Inc. as good online sources.


What home furnishing free tips are available online?

There are several good pages out there where one can find good and easy to use free home furnishing tips. One site for example is "Indobase" under the section "Home Decor" - "Furnishing". There are several tips listed for free.


What services are available through Quicken Loans besides home loans?

Quicken loans has a articles on personal finance, such as debt management, money saving tips, retirement. They also have information about mortgages, buying homes, and home improvement advice and tips.


Where can one find tips on accounting and finance?

One can find tips on accounting and finance by reading any finance book, which one can find at any library. One could also take a course at any university or community college to learn more about accounting and finance.


What are good sites to find a job in the finance sector to start a finance careeer?

Some good websites to help you find a career in the finance sector include eFinanceCareers, which allows for both searches in the US and UK. SimplyHired is another good place to search for any kind of job along with those in the finance industry; and Monster is another good website to not only search for your job, but provide tools and tips to help you gain the job you are after.


Is their a website that offers home decor tips and advice as well as selling home decor items?

HGTV has very good home decorating tips. You can view their website at http://www.hgtv.com/decorating/index.html or you can watch their channel online for more tips.


When was Home Finance Company created?

Home Finance Company was created in 1990.