Key Tips On Saving For Your Deposit When Buying A Home

Do you know what I did this morning? I unpacked the last box from when we moved into our current home! Woot woot! (Never mind that we moved in about a year-and-a-half ago…I’ve been busy, okay?!) Once that box was empty, I took a moment to be thankful for our home – this one and the two we’ve had previously! There’s just something about…HOME.

Key Tips On Saving For Your Deposit When Buying A Home! #saving #homeowner Click To Tweet

For many, buying a house might be a dream. The cost of real estate is always on the rise; hence, you may be tempted to think that you can never afford to purchase that home you dream of. As tricky and challenging as it might be, it is not an impossible task. There are many clever ways that you can save up for your house deposit slowly. Here’s how:

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Always have a budget

Often the biggest excuses people have for not being able to save up for a dream house is because their budget isn’t enough. However, the reason why saving is almost close to impossible is that you aren’t working on a budget. When you write down all your expenses and have a budget in mind, you can see where each amount is going to; hence, you can better manage the same.

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Is a Display Home Right for Your Family?

It’s been about 4 years since we’ve been through the process of purchasing a home, and, I reckon in probably about 4 more years we might have to do it again, due to the rapid expansion of our family! We have a little space to grow in right now…but I fear that might soon be taken over. No matter, though. Buying a new home is one of the most exciting things to do in life, in my opinion. And there are many ways to go about doing so! Thought I’d share a few tips you may not have heard about the process today!

For a fresh start, get in touch with building firms that have a good reputation for creating properties that are different and in great locations. Building companies will listen to what clients are looking for in a home no matter how big or small. With many styles of houses available to buy, why not add features such as:

  • An extra bedroom
  • An attic room
  • A sun room
  • An extra bathroom
  • A study

It’s also important to choose the right location that’s near work, schools or colleges. It’s not much fun having to travel miles each day. Check out the many display homes on new build websites to get an idea of where new homes are being built and what they look like.

Reserves of Bethany Model Home

A display home that has everything and more!

Stunning showcase, display homes or or model homes have everything and more than new owners could possibly wish for. They also make very good investments. Sometimes homes that are used as display property are pristine in condition when sold even have:

1. A guaranteed leaseback of 7%
2. Maintenance costs covered
3. Cleaning covered
4. Gardening costs covered

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