When you calculate how much you will need to purchase a home you will add up the down payment and closing costs. It is also a good idea to leave yourself with some financial cushion to cover the incidental expenses associated with moving.

First, you will have to pay the moving company unless you can find friends with strong backs who will help you. Then many buyers plan to do some work, such as painting, replacing carpet, or refinishing floors. If you are moving into a larger space, you may find yourself making some major furniture purchases within a few months of closing.

A financial cushion is important enough that some lenders require buyers to have an amount in the bank equivalent to two or three months mortgage payments. This is especially true for buyers who are putting less than ten percent down. Your real estate agent can give you guidance. A lot depends on your overall financial situation. If your mortgage is a relatively low percentage of your monthly income, you will be able to rebuild a comfortable amount of savings in a few months.

	See All Tips In The "Financing Your Home" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Kathy Barth
RE/MAX The Woodlands & Spring
2520 Research Forest Drive, Suite 140
The Woodlands, Texas 77318
Office: 281-367-7770
Cell: 936-537-4450
Fax: 936-597-4552
Email: Kathy@KathyBarth.com

I am committed to bringing you the best results possible to fit your real estate needs. My vast array of experiences, including world travel, entrepreneurial ventures and experience as a licensed Realtor® in this industry helps you, the buyer or seller, achieve results and avoid pitfalls that can happen so easily in transactions. I can make the process a little easier for you in every way. Your first step is choosing the right Realtor and I am that Realtor. I enjoy building personal relationships which last a lifetime. I serve the Lake Conroe and Montgomery areas. REMAX Realtors® are the best safety net you can have when purchasing or selling a property or home. I strive to get you Top dollar when selling your home, and I work hard to find the right home for the buyer. I firmly believe in advanced education due to the faster paced and more complex process of home buying and selling today. This is evident thru my designation of ABR (Accredited Buyers Representative) and CRS (Certified Residential Specialist).Nobody in the world sells more real estate than REMAX. My core constituency is all about families and I will help you find your dream home.

www.KathySellsLakeConroe.com is brought to you by Kathy Barth
NUMBER1EXPERT™ in real estate for Lake Conroe, Montgomery County and Conroe, Texas, Waterfront Luxury Homes, Ranches

Read Kathy Barth's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge