Buying A Home - Suze Orman
According to Suze Orman's blog, you should not even consider house hunting until you have checked these four boxes:
: You must have 8 to 12 months of living expenses saved in a separate account after the down payment is paid. suze orman buying a home
: Orman strongly advises against buying a home if you are still carrying high-interest credit card debt. Determining True Affordability According to Suze Orman's blog, you should not
: While 20% remains the "gold standard" to avoid private mortgage insurance (PMI) and secure the best rates, Orman has adjusted her rule to a 10% minimum given recent price hikes. According to Suze Orman's blog
