Tri-State Legacy Group

03/11/2024

08/09/2023

One of the most important decisions homebuyers will have to make is how much to put down as a down payment. It's not always an easy choice to make, but it's a crucial one that deserves careful consideration.

While it's true that the current economy makes the decision-making process a bit more complex, there are some things you should keep in mind when choosing the ideal down payment amount for your situation. Traditionally, 20% down payment has been recommended, but it is not always necessary. However, it's important to be aware that putting down less than 20% could mean missing out on some valuable financial advantages like lower monthly payments, avoiding private mortgage insurance (PMI), and the potential for a lower interest rate.

On the other hand, before you jump to drain your savings to make a larger down payment, it's crucial to be mindful of the implications. This could leave you without emergency savings for unexpected home repairs, maintenance, or other unforeseen expenses. Moreover, attempting to retrieve some of that money by taking out a home equity loan may result in additional closing costs.

It's always wise to take the time to carefully evaluate your unique circumstances and your objectives to determine the most appropriate down payment amount. And when in doubt, seeking guidance from a mortgage professional is the best way to make informed decisions.

08/07/2023

According to a recent survey, 36% of adults feel unprepared for compared to their parents. Learn how to optimize your retirement plan in today's economy:

🤝 Many Americans lack support, and feel alone in retirement planning. Seek a financial advisor's help for personalized guidance and support.

💸 78% of adults see retirement savings negatively affected by inflation. Consider inflation, stay informed, and adjust savings and investments accordingly.

💥 Unexpected expenses hinder retirement savings. Build and maintain an emergency fund to protect against surprises.

💭 Continuously reassess and adjust your retirement plan to align with changing economic conditions and financial goals.

Read the full article: https://rb.gy/90rus

Remember, start planning for retirement early. Take control of your financial future! 💪💰

In the U.S., we've long had a retirement crisis - meaning that most Americans can't adequately save for their golden years. With time, this crisis is getting worse. According to the National Council...

09/11/2022

Never Forgotten.

08/22/2022

Ability, Motivation, Attitude.

The trifecta! You can do whatever you put your mind to.

08/15/2022

It will be hard to reach your goals if you’re not consistently open to new ways of achieving them!

08/10/2022

DO NOT buy your followers…

A lot can go wrong with your engagement and account. It is more beneficial to grow organically!

Let us know in the comments what questions you have about what happens from buying followers!

08/08/2022

Don’t let the people in your ear hold you back from chasing your goals. Go get them.

07/08/2022

Forbes said it!

Comment below what you would like help with most when it comes to marketing.

07/06/2022

Thank you Nicole for this awesome review! We appreciate you!

We love being able to participate in the growth of our clients’ businesses! 🙏🏼

07/04/2022

Wishing everyone a safe and wonderful 4th of July. 🇺🇸

Enjoy this time by making everlasting memories and celebrating with your friends and family!

05/30/2022

Remembering those that made the ultimate sacrifice.

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