22 Jun
I’m ready to buy a house
Unfortunately my finances aren’t as ready as I am. I don’t have enough money in savings right now to make the purchase. I need enough for the down payment, closing costs and residual savings. Now banks are requiring that you have 6 months worth of mortgage payments in your savings at closing. I actually think it’s a good idea. If there is any kind of job anomaly, you have some savings to fall back on. The bad part is that it’s taking affect now.
I have a 4 year plan to come up with the money. I’m going to see if there is any way that I can accelerate that. I’m starting to get tired of renting.