Mistake # 8: Not being S.M.A.R.T. before you buy
Posted by Melissa Walters
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You’ve decided you’d like to purchase a home in the near future. What do you do now to be able to buy later? Our advice: Be S.M.A.R.T: Rent only as long as it takes to save the money for a down payment, reduce your debts and improve your credit score. Prepare, plan and execute!
Purchasing S.M.A.R.T. means you took all of these wealth-building factors into consideration:
• Savings
• Make Your Deal Upfront
• Appreciation
• Resale Value
• Tax Advantages - Know them! Before December 1, 2009 earn a $8000 Tax Credit
check out www.MakeNoMistakes.com for more information on these SMART rules to purchasing real estate.
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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