Resources like FH are terrific ways to secure fast funds for a dream home of yours. Maybe you didn’t even know you had a dream home until you looked at your regular, run of the mill house and compared it to another home just down the block. Maybe you didn’t know your dream home until you saw that it was for sale, and it was within your price range if only you could scrape up the money for a down payment. Here are 7 sources of funds that might finally usher in a new life for you in your dream house.
Selling your current house for quick cash is probably the number one ideal way to get cash for your dream house today. You can trade-in and easily get rid of the burden of the house you don’t want to a business such as FH, and they can turn that old house of yours into near-instant cash. It’s simple, direct, and rewarding. Before you know it, you’ll have cash in your bank and be able to go out and buy that dream house. Best of all, it doesn’t matter what kind of shape your old house is in. They’re going to make you an offer.
2. Special loans
While this option isn’t ever going to be as good as number one, there are loans out there that have lower interest rates or that are easier to qualify for than others. Look for special loans for potential homebuyers, and you’ll usually find that there’s a loan you will qualify for that will net you your down payment.
3. Work longer hours
No one wants to work longer hours, but if you’re saving money to buy your dream house, the fact is you may have to take on some extra work. If you do overtime, you’ll bring in more cash, and even though it’s going to be tiring, you know that the extra money is going toward making your dream home a reality.
4. Get a second job
A second job, even a part-time endeavour, might be a worthwhile way to get funds to buy your dream house. You can put in applications to jobs that fit around your first job’s schedule and that won’t interfere with your performance at your first job. Your day job may be the most important, but your second job might be the one that puts you over the top and gives you the funds you need for a dream house.
5. Assistance programs
Most countries have assistance programs for qualified home buyers that want to buy a dream house. You will have to go through a lot of red tapes and paperwork to put in your application, but it just might be worth it. Sometimes folks find that they qualify for quite a bit of cash from these programs. You might just be one of the lucky people who walk away with some money for a new home.
6. Work on your credit rating
If your credit rating is keeping you from qualifying for loans that would help you grab your dream house, then it might be time to talk to a financial advisor and begin chipping away at your debts. If debts have been an issue in your life for a while, it might be a very liberating feeling to know that you’re on your way to a better credit rating.
7. Tax refunds
Tax refunds don’t come along often enough, but that once a year refund might just be your ticket to a new home. If your first refund isn’t big enough, set it aside in a “house savings” account, and the next time you get a refund, continue building on those funds. Over time, your tax refunds might just be enough to pay for a down payment on a brand new dream house.
We all want to live in a home that fits in with our personal style and lifestyle. Unfortunately, for many of us, a dream home seems well beyond our reach. As you can see, though, there are at least 7 sources of funds that might one day pay for your new dream house. Using one or all of these sources of funds will get you closer to your goal of living in a home that meets and exceeds your wildest expectations. You deserve a beautiful home. Use these fund sources to finally go out there and make it happen.