A financial planner has 4 pieces of advice for pandemic homebuyers - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

'This piece of advice almost always applies, pandemic or not: Anyone considering buying a home should have a full emergency fund'

But, it's a major decision, and in a time of economic uncertainty, everything from financing to home shopping has changed. , recently bought his first home in the Los Angeles area. While he found that the process was different than he expected, he learned a few things about the process of buying a home during a pandemic firsthand.

Her are the four things things he says he'd tell any of his clients considering a home purchase right now.This piece of advice almost always applies, pandemic or not: Anyone considering buying a home should have a. But, Reyes emphasises this piece of advice with all of the economic uncertainty happening due to the pandemic.

"In an emergency fund, you should have at least three to six months' worth of your essential spending and bills," he says. If there's ever a time to have an emergency fund, it's now — and"If you're buying a house, I strongly lean towards at least six to nine months [worth of expenses], because it's a bigger commitment," he says.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

An inside look at the app that's like Duolingo for disaster prep - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Levi's opening NextGen stores with 'Tailor Shops.' Take a look inside. - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Still gotta go inside....
Source: BusinessInsider - 🏆 729. / 51 Read more »

The coronavirus pandemic is the best thing that has ever happened to Tesla's business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Maybe Fed Is best thing for Tesla & Co
Source: BusinessInsider - 🏆 729. / 51 Read more »

How my layoff during the pandemic was a blessing in disguise - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Lime CEO says pandemic pivot set company up to turn profit next year - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I’d say that 50% of Lime scooters in my area don’t work. While Lime projects a profit next year, I hope they properly-calculated the costs of rapid equipment depreciation and the associated replacement costs. Not to mention poor user experiences eventually affecting revenue.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How a LinkedIn exec changed careers and his advice for other employees - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »