NextHome Limitless Realty

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Feeling like buying your first place is still years away? Here’s how to shortcut it.

While data shows saving up and reaching the break even point where owning costs about the same as renting usually takes around 15 years, there are ways to get there faster.

If you set your sights on a starter home, it’s actually closer to seven years. That cuts the time in half. You’re looking at 4.6 years to save and 2.6 to break even.

But keep in mind, those numbers assume you put 20% down. Most first-time buyers put down far less, so that saving timeframe can shrink even more.

DM me, and I'll share a few ways to reach your first home sooner – like talking to a lender about down payment assistance programs.

Since you’ve probably already been saving for a while, you may be closer than you realize.

Two Moves That Can Get You Into Your First Home Sooner

Two Moves That Can Get You Into Your First Home Sooner For a lot of first-time buyers, owning a home can feel perpetually a few years out of reach.

Two Moves That Can Get You Into Your First Home Sooner

Your first home may not be as far off as it feels. When the numbers make sense for you, buying a starter home and putting down less than 20% can get you there years sooner.

Want to see which starter homes in our area could fit your budget? Let's connect.

Two Moves That Can Get You Into Your First Home Sooner For a lot of first-time buyers, owning a home can feel perpetually a few years out of reach.

Stacey Smith, NextHome Limitless Realty
~Making Your Dream Home a Reality~
(C) 256.339.1155

Feeling like buying your first place is still years away? Here’s how to shortcut it.

While data shows saving up and reaching the break even point where owning costs about the same as renting usually takes around 15 years, there are ways to get there faster.

If you set your sights on a starter home, it’s actually closer to seven years. That cuts the time in half. You’re looking at 4.6 years to save and 2.6 to break even.

But keep in mind, those numbers assume you put 20% down. Most first-time buyers put down far less, so that saving timeframe can shrink even more.

DM me, and I'll share a few ways to reach your first home sooner – like talking to a lender about down payment assistance programs.

Since you’ve probably already been saving for a while, you may be closer than you realize.



www.NextHomeLimitlessRealty.com

Stacey Smith, NextHome Limitless Realty
~Making Your Dream Home a Reality~
(C) 256.339.1155

Your first home may not be as far off as it feels. When the numbers make sense for you, buying a starter home and putting down less than 20% can get you there years sooner.

Want to see which starter homes in our area could fit your budget? Let's connect.



www.NextHomeLimitlessRealty.com

Two Moves That Can Get You Into Your First Home Sooner For a lot of first-time buyers, owning a home can feel perpetually a few years out of reach.

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