
INSIDE NEWS WITH NATE
How can I start saving to buy my first home?
Scenario #1: You are living with family and have the opportunity to save
Assuming an average rent of $2,000/month for Single Family Residence
If you save for 1 year while living with family instead of paying rent you would have $24,000 in savings that you can use for a down payment!
​​
Scenario #2: You are currently renting and save a percentage of your income towards a house in the future
According to 2016 Census a median household income for CA is $67,739
If you save just 15% of your annual income you would have over $10,000 in savings!
15% of your total income is a very doable number assuming it will be used to create a foundation for your family’s future!
​
Real Estate has been proven time and time again to create wealth. I highly encourage all of you to start planning TODAY! Call me to schedule your completely FREE consultation to begin creating your foundation for your family’s future!