You need to have your ducks in a row to buy a house, which usually means you need some savings for the down payment. Many people stop saving after they buy, but saving money should be a lifelong process or a practice that lasts up to retirement. You don’t necessarily need savings immediately after purchasing a home. How much you should have in savings or whether you have any savings at all depends on your overall financial picture.
Even though it may seem unconventional at first, buying a house without your spouse actually makes quite a bit of sense in some situations. As with any big decision, be sure that you make the decision about whether to buy a home together or separately by talking openly so that you and your spouse are on the same page about your homeownership dream and what it will take to get there. http://www.magnifymoney.com/blog/life-events/apply-mortgage-without-spouse
Think you're ready to buy a house? Make sure you're ready by considering these 6 things before buying a house! http://www.debtroundup.com/6-things-consider-before-buying-house/ #homebuyingtips #howtobuyahouse www.HomematchNW.com
One pinner said: My hubby and i started doing this with one dollar bills when we got married-- after about a year, i [just me] had several hundred dollars and got to enjoy a great birthday vacation and still have lots left over :) Great Idea To Save Money
This was 2006 and the real estate market was still hot. This is how I was able to start in rental property! I crunched the numbers and figured out that the rental income would more than cover my mortgage, insurance, association fees, and repairs. We also had enough money for a 10% down-payment for a new home so we didn't need to sell the townhouse to buy a new home.