Ask Jesse: First-Time Home Buyer in a Crazy Market

6:47
 
Share
 

Manage episode 326523225 series 2437671
By YouNeedABudget.com and Jesse Mecham. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

A first-time house shopper wrote into the show for advice on how to approach the crazy, red hot housing market we are currently in. The writer wants to buy her first home, but is unsure whether she will have enough money to put down as house prices rise at a rapid pace. Jesse reminds us that, most importantly, cash equals options, and it's never a bad thing to have more cash on hand. He advises her to become an expert on her local real estate market, and really think about why she wants to buy, and what exactly she needs from a home before taking the plunge into home ownership.

Sign up for a free 34-day trial of YNAB at www.youneedabudget.com

623 episodes