There is no buying a second home, or third, without first buying the first one, right? Of course, there is far more to the process than just picking out a home with pretty colors and a nice door front.
Answering the question of where you want to live creates a queasy feeling for many people; because we know where we “want” to live, then there is where we can afford to live. Balancing these two is part of the cognitive process of buying your first home.
Before you can purchase a home, every home loan provider will ask about how much cash you have for a down payment. The following information provides options for generating a down payment for purchasing a home.