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Beginning Investing by Danielle L. Schultz

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CHAPTER16

Investing for a New Home

In This Chapter

  • How much money do you need for a down payment?
  • How much should you borrow?
  • What loan options are available?
  • Ways to increase the value of your investment
  • Knowing when to sell
  • Working with a real estate agent to sell your home

The holy trinity of personal goals is usually buy a home, send the kids to college, and have enough for a decent retirement. In this chapter we’ll discuss building investments for a home purchase, ways to accomplish it, and what costs you should anticipate.

How Much Money Will You Need?

There are two main challenges in purchasing a home: having an income that will qualify ...

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