Is your goal in 2019 to buy a home of your own in Maryland?
Automate your down payment savings
Survey after survey, saving for a down payment is cited as one of the biggest barriers to homeownership in Maryland. You always have the option of asking for closing cost to be paid for by the seller. But you must come up with a strategic way to jump start your savings by automating your checking account to automatically save a small amount of your paycheck into a separate savings account.
“Amassing enough for a down payment takes discipline and perseverance but setting up automatic savings can make it a lot easier. If you never see the cash, you are not going to miss the cash”
Saving for a down payment can take time, but in the long run its helps you build your credit up by using the discipline, along with makes your contract much more competitive when buying a home in Maryland.
Build Your Credit History and Keep It Clean
Once you establish credit, its wise make smart decisions with your money. By not running your credit cards over half of the limit, using only what you need to use and making sure your payments to your creditors are always on time. If you have debt than you are going to want to pay your debt off. This will jump your credit score even higher.
Practice Living ON a Budget
Downsizing your spending is the first step to living on a budget. The main goal is not to only buy a new home in Maryland but to also be able to maintain the Mortgage payment. Any association fee’s, insurance and pay your taxes. So starting a life with a budget is a great way to start your process of owning a home for life. “95% of first -time buyers were willing to make sacrifices to buy their home in Maryland faster.” Here is an example of what sacrifices you should make.
Buying New clothes
Buying a New Car
Here are some highlights for you to view about how to buy your first home in Maryland.
- Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking too much about it.
- Living within a budget right now will help you save money for down payments while also paying down other debts that might be holding you back.
- What are you willing to cut back on to make your dreams of homeownership a reality?
Skip Young – Your Maryland Veterans Realtor®
Yes, I am a Realtor, and I am MVHC or Military Veteran Housing Certification. Meaning I have to understand your Military Move, your Retirement move and when you take on you Veteran status, I need to understand all aspects. Working together is a partnership that I am willing to share my previous Elite Military Skills and 16 Years of Real Estate Knowledge.
f you are stationed here and are looking to purchase or sell a home please contact Skip Young Realtor®:
Marine Barracks Joint Base Anacostia-Bolling PSD Washington, DC Washington Navy Yard USCG Headquarters Visitor Entrance the United States NavyNavy Band US Army National Guard Armory American Military Society Navy Lodge US Naval Reserve Readiness Military Naval & Air AttacheWashington DC Police Department Air Supply US Coast Guard Headquarters Joint Anacostia-Bolling AFB Department of NavyFort George G. Meade Naval Support Facility Indian Head Joint Base Andrews Coast Guard Yard US Air Force Civil Air Patrol NAVAIR Maryland Military Department Naval Surface Warfare Center Army National Guard Recruiter US Army Reserve Center Naval Air Station Patuxent River Welcome to the Fort Belvoir Air Force United States Department Joint Base Andrews, MD
Skip Young Realtor® with Reviews as a Realtor®, has an extensive background in working with an Elite Unit while serving his country from 91 – 94. Now an Award-winning Realtor®, located in Waldorf MD, has proven not just in the ranks of the field with an Elite unit in the Army, but also in the Maryland Real Estate Business. By working with every type of client, to include active duty and veterans alike. His dedication to helping those who are serving and need to use their VA loan, need information on leasing a property due to a short-term duty station at any one of the bases here in the Washington DC, Maryland or Virginia. Military bases such as:
There are currently 23 million veterans and service members right in your local community of Washington DC, Maryland, and Virginia. They transact over $153 billion annually in the Local Real Estate purchases and Selling of Property, along with the Rental Market. Learn how you can help tap into and serve the veteran community with VAREP, the Greater Annapolis Chapter. Skip Young your Waldorf MD Realtor® and Veteran is still continue’s to serve my country by helping our community of brothers and sisters by representing the Government Affairs division. The position is about assisting in changing the laws that help protect veterans and service members who need to find housing in the Washington DC Maryland and Virginia area.
Skip Young | EXP Realty | Waldorf MD Realtor®
Realtor®, Veteran, New Home Sales
888-860-7369 x 240 Broker
137 National Plaza, Suite 300
National Harbor, MD 20745
Caruso Homes “Build on Your Lot”
2120 Baldwin Avenue, Suite 200, Crofton, MD 21114
Waldorf MD Realtor® | Veteran | eXp Realty | Author | VAREP Director of Government Affairs Greater Annapolis Chapter