By Curtis Rodriguez
Realtor, HomeSmart Evergreen Realty1
Curtis and his team service Riverside, Orange and San Diego Counties.
They say knowledge is power, especially when it comes to buying or selling a home. And when you’re trying to do both at the same time, you’ll need to be armed with plenty of information to make the transition as smooth as possible.
If you’re planning to buy a home, you may be worried if you’ll have enough money saved for a down payment. You’ve probably heard that you can use retirement funds to help, but it’s important to know the restrictions, or you could be stuck paying penalties and taxes. And even though a home can be a great investment, taking out retirement funds early could hurt your long-term security.
Here’s what you should know before you make any financial moves.
Once the kids grow up and move out, you may be considering downsizing. Here are some upsides to making the move.
There’s plenty of reasons to think about upsizing: perhaps another child is on the way, you landed a job in another city or maybe you need a home office for your business.
Newlyweds Faviola and Jorge wanted to buy their first home together, but were a little nervous about the process. They came to their Credit Union for help, enrolled in our Home Advantage Program, and were paired with a real estate agent who provided expert guidance every step of the way.
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Reprinted Courtesy of NerdWallet.
Sometimes it’s smarter to buy certain items according to the season, like sweaters near the end of winter and swimsuits in late summer. But what’s the best season for buying a house?