Your Down Payment:
One of the biggest obstacles to buying your dream home is procureing the down payment. Saving for a down payment may be very challenging, especially if you are a first-time home buyer. Keep in mind that your down payment can come from many places: savings, investments (stocks and bonds), gifts from relatives, company bonuses, equity in other assets, and life insurance policies, to name a few.
If you currently own a home, there may be ways that you can utilize its value to provide your down payment without having to pay taxes. Do you know how much your current home is worth? If not, please click here to request a market analysis. Moreover, there may be home mortgage alternatives and financing options that do not require a down payment.
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