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Gerald’s Article Insights: “How Much Should You Save to Buy a House?”

The ultimate cost of owning a house unfortunately goes well beyond the initial money required to purchase a home.  There are regular maintenance, upkeep and replacement costs you’ll have to pay for over time, particularly if you do not purchase a new home.  Home ownership is a worthy goal and in order to maintain your home, make certain you put aside enough reserves to pay for unexpected repairs and replacement of major items like a roof.  In order to do this, it’s a good idea not to spend your last dime when you purchase your property–leave some money left over for unanticipated costs which almost always occur.

-Gerald

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