In 2016, Shelley Stevens and her husband, James, were starting fresh. After moving to Phoenix, Arizona and living together for the first time, they decided they were going to need some more space to start their own household and family together.. "At the time we were renting a home in North Phoenix. We didn't have any like specific plans, but we wanted to be ready when we found the right thing," she told Business Insider.
It took them a year to meet their goal of $24,000 saved for their home purchase. Along with a $20,000 bonus Stevens received in April after her company was sold, they had enough money to buy a house by July 2017. One day, they noticed an open house at the property they had been watching, so they decided to drop in.
"We put in an offer at $300,000 and met in the middle at $307,500," she said. They ended up not using all $40,000 worth of their down payment savings, as they put down about 10%. "We didn't spend every penny on the down payment; we knew we were going to want to do a few upgrades to the house," she said.After buying their house and having their first baby, Stevens was laid off from her job about six months after her company was sold in April 2017.
That's great for them..congrats. Those looking for a mortgage should know this. If you have ever disputed a credit report entry and then disagreed with the company's determination. A note that you disagreed goes on your credit report and will stop you from getting a mortgage.
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us on Tuesday, July 14 at 1:30 p.m! BI reporter Shannen_Balogh will speak with Domm Holland, Fast's co-founder and CEO, and Jan Hammer, general partner at Index Ventures, about how to build a pitch deck and what it takes to win over investors.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended July 14 - 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 »
Coronavirus investing advice, new opportunities to buy: Rick Rieder - Business InsiderBlackRock's bond chief who oversees $2.3 trillion told us how the coronavirus crisis created a game-changing investment opportunity for the first time in almost 20 years — and shared 4 ways he's cashing in 💥All Iives Matter too stop Corruption and Abuse of Power 🇺🇲Kanye West for US President 2020! 🇦🇺Corocodile Dundee for Aussie President 2022! ☠Corruption is the same as ☠Cancer and ☠COVID-19! We have too work 😎Together too stop the 😖SPREAD!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock picks to buy: Financials, bank picks from most accurate analyst - 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 »
4 cities where housing prices are most likely to fall in the 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. Earth, earth, earth and earth?
Source: BusinessInsider - 🏆 729. / 51 Read more »
What it's like when one of your oldest friends becomes a conspiracy theorist - 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. This is a bonkers headline Is it difficult to believe the government could have been behind the assassinations of MLK and JFK? What would happen if our citizens knew the truth? Is it difficult to believe that Flight 93 could have been shot down? Compare flight 93 to other plane crash sites.
Source: BusinessInsider - 🏆 729. / 51 Read more »