Some experts are advising that first time and move-up buyers wait until they save up 20% before they move forward with their decision to purchase a home. One of the main reasons they suggest waiting is that a buyer must purchase private mortgage insurance if they have less than the 20%. That increases the monthly payment the buyer will be responsible for. However, you should click on the graphic below because there are a lot of factors to consider. And then
September 2, 2015
Should I wait to put down a bigger downpayment?
Posted by Own This Home Team under Real Estate | Tags: buy, buyer, colorado, for sale, Fort Collins, Greeley, home sales, homes, homes for sale, interest rates, Loveland, market trends, mortgage, Northern Colorado, Real Estate, real estate in northern colorado, sell, sell now, seller |Leave a Comment
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