Comments on: You may be Ready to buy your First Home, if…

By: Annie ( Property Awards ) Wagner

Annie ( Property Awards ) Wagner — Wed, 07 Oct 2009 09:25:24 +0000

Excellent blog this 20somethingfinance.com well done and I was really pleased to view : this it’s just what I needed to know.
It’s taken me literally 2 hours and 21 minutes of searching the web to find 20somethingfinance.com (lol)
But seriously I am really interested in Property Owners normally and so I shall be very pleased to become a regular visitor

Thx

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Tue, 08 Sep 2009 00:51:54 +0000

[...] You May be Ready to Buy your First Home if… Share and Enjoy (and comment below): [...]

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Sun, 23 Aug 2009 23:31:38 +0000

[...] You May be Ready to Buy your First Home If… Share and Enjoy (and comment below): [...]

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Sun, 09 Aug 2009 16:05:54 +0000

[...] You May be Ready to Buy your First Home if… Share and Enjoy (and comment below): [...]

By: Kent F

Kent F — Mon, 30 Mar 2009 13:00:14 +0000

Still good advice after the RE meltdown. I think there will be a true buying opportunity from 2009 to 2010.

By: 6 Must-Have Characteristics to Look for When Buying a Home âˆž Get Rich Slowly

6 Must-Have Characteristics to Look for When Buying a Home âˆž Get Rich Slowly — Wed, 17 Dec 2008 13:00:46 +0000

[...] may present some prime buying opportunities for those willing to do some homework, and who meet the prerequisites of home ownership. Although it may seem counter-intuitive, one of the most important things to ask yourself when you [...]

By: What is Fannie Mae & Freddie Mac. And Why Should I Care? | 20Somethingfinance.com - Personal Finance Blog for Twenty Somethings and Beyond

Sun, 14 Sep 2008 20:51:52 +0000

[...] rates should see a temporary drop that presents a good opportunity to buy if you’re a qualified buyer. What is almost certain is that as a taxpayer to the federal government, you will ultimately foot [...]

By: G.E. Miller

G.E. Miller — Tue, 15 Apr 2008 00:26:10 +0000

@ Dan/Michael: It really does vary from person to person, and a lot of the gurus out there differ on exact %’s of how much you should allocate to each. Many recommend 10% of salary to retirement, but I tend to actually think that is a little on the low side and feel a lot more safe at 20%+. Amount you have saved already, willingness to take on risk, and age are also factors to consider. A lot of the big fund companies have retirement calculators that you may want to test out. In terms of a house fund, the recommended amount to put as a down payment is 20% so that you can avoid PMI (private mortgage insurance) or having to take out a second loan.

By: Michael

Michael — Mon, 14 Apr 2008 21:54:34 +0000

Dan, I don’t have much expertise here to be honest. G.E., do you have any thoughts?

By: Dan

Dan — Mon, 14 Apr 2008 15:38:48 +0000

Michael, I’m wondering if you can offer advice on where to allocate my savings. I’m nearly 30 and have a pretty decent nest egg already in my retirements accounts. I’m looking to buy a home in the next couple of years. Do you think it’s worth scaling back my 401 contribution in favor of saving for a down payment on a house? Obviously it differs from person to person but perhaps there are some general guidelines you could suggest. For example, save $10k per year into 401k and anything above that put into the house fund? Thanks!