Episode 36: Buying a Home!

Buying a home can be an exciting but complicated process. Tune into this episode of Making Cents of Money to hear us talk about the basics of home buying and how to prepare yourself for this big life event! Additional Resources: • Consumer Financial Protection Bureau: Owning a Home - https://www.consumerfinance.gov/owning-a-home/ o Making the decision to rent or buy: https://www.consumerfinance.gov/about-us/blog/making-decision-rent-or-buy/ o Homeowner road map: https://files.consumerfinance.gov/f/documents/201612_cfpb_HomebuyersMilestoneMap.pdf o What are all the costs of buying a home?: https://www.consumerfinance.gov/owning-a-home/what-are-all-costs-buying-home/ • Buy vs Rent Calculators Examples o Nerd Wallet: https://www.nerdwallet.com/mortgages/rent-vs-buy-calculator o New York Times: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html o Zillow: https://www.zillow.com/rent-vs-buy-calculator/ • Homeownership Assistance: Illinois via HUD: https://www.hud.gov/states/illinois/homeownership/buyingprgms • Related Episodes of Making Cents of Money •Episode 17: Real Estate - https://soundcloud.com/idfpr/episode-17-real-estate •Episode 28: Tackling Insurance! (Part 1) - https://soundcloud.com/idfpr/episode-28-tackling-insurance-part-1