It’s possible to become a homeowner, even in the land of $950,000 median home listings. It’s just a question of how. You can spend years saving for a down payment. Or you can take the road less traveled to homeownership.
Most people don’t buy a home with a 20% down payment. Here’s how you can put down less and get more help with down payment and closing costs.
“If you think about it, it saved time and effort. I think both parties walked away happy with the sale,” he said. “The parents are especially happy about it, of course. Their son is now living next door. It’s kind of like an ‘Everybody Loves Raymond’ thing.” They signed a contract in January 2021 to buy a Houston home still under construction, personalizing the floors, fixtures and other features before moving in last August.
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