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Personal Finance (Not Investing) • Just looking for some general money management advice

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Sounds like you plan to buy a house in the near future? Would you make a down payment? If so, how would you fund it? From the savings account?
Yeah the down payment I'll discuss with a realtor when I'm ready to buy (I can't start looking yet because thanks to the labor disputes I'm still unemployed, expecting to return to work in the spring, maybe start house-hunting in the summer).
Not sure if it will be the full 20% or if I can get away with offering less, that remains to be seen but I'm acting as though it will be 20% plus a little extra cushion, and the long term savings is exactly for that purpose.

So is this the best way I should approach it? Or is there a better thing I could do with that $75k to make the home purchase?

Statistics: Posted by rgm1982 — Tue Feb 20, 2024 2:45 pm — Replies 2 — Views 158



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