Podcast – Investing Should Be Easy – Episode 12

If you are beginner investor, check out today’s show! In today’s episode, Alex will review one of the many reasons investing is important, buy a house. Buying a house is a big decision and isn’t emotional. Alex discusses how important it is to put 20% for a down payment, how much of your house you actually own after a few years, and how it matters when choosing a 15 vs. a 30 year mortgage.

If you have questions or comments, please send an email into alex.richwagen@gmail.com, or visit the website alexrichwagen.com

Thanks!

Alex

 

Buying a Home – House Buying Tips…Part 1 with Mortgage Choices

Many look at buying a house as one of the happiest days of their lives.

For most, it’s an emotional experience.

How do you think mortgage brokers, real estate agents, and the businesses looks at it?

Not emotional.

It’s a business transaction, that’s all.

How to make a smarter decision when buying a home…

Before you jump into purchasing your dream home, here are some practical angles to think about…

• How will you afford the house?
• Are you putting 20% down (20% of the purchase price)?
• Is the money available now?
• Do you have an emergency fund?
• Are there are home improvements that will be required to your new house?
• Will you be getting a 15, 20, or 30 year mortgage?