Ownwell’s Post

Are you dreaming of becoming a homeowner? Saving for a down payment can seem daunting, but with the right plan, it's achievable. Here are some tips to help you reach your goal: - Create a budget: Take a close look at your income and expenses to see where you can cut back and allocate more funds towards saving for a down payment. - Set a savings goal: Determine how much you need for a down payment and set a realistic timeline for reaching that goal. Break it down into smaller, manageable milestones to track your progress. - Open a separate savings account: Keep your down payment savings separate from your regular checking account to reduce the temptation to spend it on other expenses. - Automate your savings: Set up automatic transfers from your checking account to your savings account on a regular basis, such as each payday, to ensure you are consistently saving towards your goal. - Cut back on expenses: Look for ways to reduce your spending, such as cutting out unnecessary subscriptions, dining out less, or finding cheaper alternatives for everyday items. - Increase your income: Consider taking on a side hustle or freelance work to bring in extra money to put towards your down payment savings. - Avoid major purchases: Put off making any big purchases, such as a new car or expensive vacations, until after you have saved enough for your down payment. - Sell items you no longer need: Declutter your home and sell items you no longer use or need to add extra funds to your down payment savings. - Stay motivated: Keep your goal in mind and remind yourself of the benefits of homeownership to stay motivated and on track with your savings plan. Remember, saving for a down payment takes time and effort, but it's worth it in the end. With these tips, you'll be on your way to achieving your dream of homeownership. #homebuying #savingsplan #budge

Here are a few strategies that can help make your plan of homeownership a reality.

Ready to buy your first home or trying to save to move into something bigger? Start saving smarter with these essential strategies! #AmyKershnerRealtor #RemaxSpaceCenter #leaguecityrealtor #HomeBuying #RealEstateTips

🌟 Unlock the Real Cost of Homeownership! 🏡💸 Thinking about buying your dream home? 🌟 Before you take the plunge, let's talk about the hidden costs that come with maintaining it! 🔧💡 We’ve just explored a fascinating report from Visual Capitalist highlighting the most expensive states to maintain a home in the US. 🗺️🏠 From property taxes 📜 to utility bills 💡 and those unexpected repair costs 🛠️, maintenance expenses can vary widely. Knowing these costs upfront can make all the difference in your homeownership journey and thats why we built Keepingly® ! 🔎 Key Insights: Top States with High Maintenance Costs 🌆💲 The average annual cost of owning and maintaining a single-family home in the U.S. is more than $18,000 yearly, a 26% increase compared to 2020. With an average annual cost of $29,015, Hawaii is the most expensive state to maintain a home. California comes in second with an average annual ownership cost of $28,790, followed by Massachusetts with $26,313. Whether you’re already a homeowner or planning to buy, being prepared for these expenses is crucial. Come to Keepingly® and let’s help you turn your home from a potential financial burden into a sustainable sanctuary! 🏡❤️ Joe Ventrone Nadera Zawadi Keita Nathaniel Crawford Seth Task, CRS, Green, C2EX, CHNS, AHWD Jason P. Riveiro Gary Acosta #HomeOwnership #RealEstate #FinancialPlanning #HomeMaintenance #DreamHome #RealEstateInsights

Annual “hidden costs” of homeownership average around $18,000 nationwide. Owning a home continues to be a wise investment, however you must be coached and fully understand the carrying costs of owning a home, #expenses #appreciation #depreciation #costs #liabilities #financialliteracy #education #homebuyer

Are you a real estate agent? Share our blog post with your clients to help them understand how to leverage a HELOC this holiday season. "HELOC Guide for Homeowners: Using Home Equity for Holiday Renovations and Major Purchases.”

Home Buyer's Guide for 2025 Planning to buy a home in 2025? With only a few days left ‘til the new year, it may seem like an extremely distant and daunting goal. But the good news is that you still have the whole year ahead of you, which means you can take it step by step. Getting started today is already a huge feat, so here's a comprehensive guide that you can use to navigate through this journey toward your homeownership dreams. #realestategoals #homebuyersguide #motivatedmindset

🏡 Ready to make your dream of homeownership a reality? Check out my latest blog post, "A Step-by-Step Guide: Budgeting Your Way to Homeownership in 5 Simple Steps." Budgeting is the cornerstone of achieving homeownership, providing a clear path to financial stability and the keys to your dream home. In this article, we break down the process into manageable steps: 1️⃣ Setting Clear Financial Goals 2️⃣ Creating a Realistic Budget 3️⃣ Tracking and Adjusting Your Progress 4️⃣ Building an Emergency Fund 5️⃣ Seeking Professional Guidance Read the full article on our website https://lnkd.in/gXFrvb47 to learn how to budget effectively for your homeownership journey. Ready to take the next step? Reply to this post for a personalized affordability report based on your financial situation. Let's make your homeownership dreams a reality! 🚀 #Homeownership #Budgeting #FinancialFreedom

🏡 Ready to make your dream of homeownership a reality? Check out my latest blog post, "A Step-by-Step Guide: Budgeting Your Way to Homeownership in 5 Simple Steps." Budgeting is the cornerstone of achieving homeownership, providing a clear path to financial stability and the keys to your dream home. In this article, we break down the process into manageable steps: 1️⃣ Setting Clear Financial Goals 2️⃣ Creating a Realistic Budget 3️⃣ Tracking and Adjusting Your Progress 4️⃣ Building an Emergency Fund 5️⃣ Seeking Professional Guidance Read the full article on our website https://lnkd.in/gXFrvb47 to learn how to budget effectively for your homeownership journey. Ready to take the next step? Reply to this post for a personalized affordability report based on your financial situation. Let's make your homeownership dreams a reality! 🚀 #Homeownership #Budgeting #FinancialFreedom