Another thought is we can probably come up with a small down payment halfway through this year (3-10%) but may save as much as possible and look to actually purchase in 2025 (20%) to lower our mortgage payments as best as we can.
Hi All! me and my wife live in FL and are beginning to look at houses next month. The idea is to get a feel for what we really want and get a general price range for areas/homes we are comfortable with. This may be a loaded question, but I genuinely know little to nothing about buying a home. Is there any general advice anyone can recommend when going through the process? Another thought is we can probably come up with a small down payment halfway through this year (3-10%) but may save as much as possible and look to actually purchase in 2025 (20%) to lower our mortgage payments as best as we can. Thanks and any input is greatly appreciated!