CENTURY 21 Semiao and Associates' Blog

How To Save For A Down Payment On A Home

With interest rates down, many savvy consumers are taking a good long look at investing in a home of their own.  The benefits are big and the rewards of buying a home are long-reaching. For some consumers, a down payment is the only thing standing between them and the dream of home ownership.

In today's economy, it's not always easy to save the necessary funds to, not just get into a house of your own, but get a decent interest rate as well.

Here are some simple things you can put into your personal or family action plan for saving that down payment money in less time:

5 Simple Things You Need To Know To Make The Home Buying Process Easier

In reality, there are only 5 things you need to know and do to make your home buying experience as simple as possible.


Get pre-approved for your loan.

Get pre-approved in the amount you're able and willing to borrow.  With this pre-approval, you are in a strong position to buy a home when you're ready -- rather than finding your dream home and finding out you can't afford it or you've lost it to another buyer who was ready with their pre-approval.

Can't Miss Home Staging Tips

REALTORS® know how important it is to have a home in the best shape possible when showing it to prospective buyers," said NAR President, Chris Polychron, executive broker.  "At a minimum, homeowners should conduct a thorough cleaning, haul out clutter, make sure the home is well lit and fix any major esthetic issues."