Autumn is a popular time for new home buyers to start looking for their first house or condo. But with that down payment looming, everybody could use a bit of help saving up to make that bulk payment a little less intimidating.
There are plenty of unconventional ways to save up that may seem small, but will quickly add up and put a dent into that down payment.
Create A High Interest Savings Account
Talk to the bank about creating a secondary savings account with a higher interest rate. These super savings accounts usually come with the caveat that no money can be removed for a designated period of time. Using this account for the down payment works in everybody’s favor because it guarantees those extra dollars cannot be used for any other purpose.
Discard One Guilty Pleasure
Enjoy Starbucks coffee? Grab a pint every happy hour? Choose one vice and put the amount that would be spent on it into a jar. Most people will be surprised on how much money they spend each month on one guilty pleasure that can easily be cut out of their life. Every perk that’s cut will increase the amount by a decent margin.
Put Away Any Bonus Money
Holiday bonuses from work, tax refunds, birthday or Christmas presents, income from side gigs, any and all extra dollars that come in from any source outside of the main paycheck should be considered ‘down payment dollars.’ Sure it’s tempting to use that nice bonus or tax refund on a weekend trip or a night out, but all extra income should be saved away for that initial down payment.
Bring On The Roommates
People who already own a home and are looking to relocate can take this unconventional approach. Decent housing is hard to find so anybody with an extra room can rent it out and put that money towards the new house. Having a roommate can be a pain, but it’s for a limited time and can add up quickly.
While saving for a down payment can be stressful, you don’t have to go through the process alone. I’d be happy to guide you and provide some helpful tips for how to make that down payment without breaking the bank. I’ve seen countless couples go through the same thing and my experience can make a world of difference for you. Give me a call – J.P. Cook – 602-320-4253.
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1274 E Waterview Place
Chandler, AZ 85249
$489,900
2
Beds
2
Baths
1,582
SqFt
Status
Active
MLS #
6647390
Property Type
Single Family Residence
Price Type
--
This light & bright home is nestled on a spacious, golf course lot in the desirable, active adult community of Springfield. Home has an open, primary bedroom split floor plan. The kitchen has upgraded white cabinets with pull-outs, under cabinet lighting, bevel edge countertops with navy trim, breakfast bar, pantry & the refrigerator is included. The primary bedroom suite has a walk-in closet and dual sink vanity in the bathroom. Inside laundry room has sink, storage cabinets & the washer and dryer are included. More great interior features include bay windows in the living room/dining room & second bedroom and ceiling fans throughout. Low maintenance backyard has spacious patio overlooking the golf course. There's an option for 40-55 years young residents subject to Buyer verification. Springfield Adult Resort Community amenities include golf course, recreational pool, lap pool, hot tub, hobby rooms, fitness room, library and movie room. The recreation center has sport courts for tennis, pickleball, horseshoes, shuffleboard, bocce ball and basketball. The Springfield community calendar is full of activities, club meetings and many events. There is an adjoining restaurant with lounge and dining area that is a popular gathering place for residents. You are not just buying a home, you are buying a lifestyle!
391 N 158th Drive
Goodyear, AZ 85338
$489,900
3
Beds
2
Baths
2,109
SqFt
Status
Active
MLS #
6657657
Property Type
Single Family Residence
Price Type
--
Welcome to your dream home in the desirable Travis Park subdivision! This stunning 2017-built Richmond American residence offers luxurious living with a contemporary flair. Situated on a single story, this immaculate property boasts 3 bedrooms, 2 bathrooms, and an inviting open floorplan designed for seamless entertaining. Step inside and be greeted by the heart of the home - a chef's kitchen that will delight culinary enthusiasts. Adorned with sleek granite countertops, a convenient walk-in pantry, and a gas cooktop, this kitchen is as functional as it is stylish. The centerpiece is undoubtedly the expansive center island, perfect for meal preparation or casual dining, all while overlooking the spacious great room, creating an ideal space for gatherings with friends and family. The master suite is a true sanctuary, offering a serene retreat at the end of the day. Pamper yourself in the master bathroom featuring double sinks, a luxurious walk-in shower, and a private water closet. Plus, you'll find ample storage in the huge walk-in closet, ensuring plenty of space for your wardrobe and accessories. Owned and Leased solar panels on the home. This home also caters to practical needs with a 3-car tandem garage, providing ample storage for vehicles and belongings, along with an RV gate for added convenience. Outside, the entertaining backyard beckons with its low-maintenance artificial turf, offering a perfect setting for outdoor enjoyment and relaxation. Conveniently located close to shopping, dining, and entertainment options, as well as easy access to the I-10 freeway, this home offers both luxury and convenience in one unbeatable package. Don't miss your chance to experience the epitome of modern living in this Travis Park gem.
3536 E Oak Street
Phoenix, AZ 85008
$489,900
4
Beds
2
Baths
1,850
SqFt
Status
Active
MLS #
6658684
Property Type
Single Family Residence
Price Type
--
Rent to Own OR Seller Financing Opportunity with low Downpayment. 4 Bedrooms/2 Bathrooms, 1850 SF home that has been completely renovated and is MOVE IN READY. Spacious Kitchen with gas cook top, all appliances and ample storage. Second kitchen outdoors with barbecue island. Wood tile plank flooring throughout. Separate laundry room with utility sink and Washer/drier.
15740 W Ironwood Street
Surprise, AZ 85374
$489,900
3
Beds
2.5
Baths
2,588
SqFt
Status
Active
MLS #
6665750
Property Type
Single Family Residence
Price Type
--
Welcome to this beautifully upgraded home nestled in the desirable Mountain Vista Ranch neighborhood. Boasting 4 bedrooms and 2 baths, this residence exudes modern elegance with new carpeting throughout, providing a luxurious and cozy ambiance. The kitchen is a chef's delight, featuring freshly painted cabinets and a convenient mini wine fridge. Downstairs, gleaming wood floors enhance the stylish aesthetic, creating a warm and inviting atmosphere. The meticulous attention to detail extends to the downstairs half-bath, guest bath, and primary bath, where cabinets have been expertly painted and the guest bathtub and surrounding areas resurfaced. The highlight of this property is the private, sparkling gated pool, offering a perfect retreat for relaxation and entertainment. This home seamlessly combines comfort and sophistication, making it an ideal haven for the discerning homeowner.
7230 W Townley Avenue
Peoria, AZ 85345
$489,900
4
Beds
2.5
Baths
2,624
SqFt
Status
Active
MLS #
6669847
Property Type
Single Family Residence
Price Type
--
Welcome to 7230 W Townley Ave! Nestled in a prime location, this charming residence offers an exceptional living experience in the heart of Peoria. Boasting a versatile layout, the home features a spacious den downstairs, providing the perfect space for a home office, study area, or entertainment hub. Additionally, convenience abounds with a half bath on the main level, ensuring comfort for residents and guests alike. The open kitchen layout enhances the sense of space and connectivity. Upstairs, four generously-sized bedrooms await along with a large den. Outside, the property offers low-maintenance turf and elegant pavers. Solar loan for assumption as well. Ring doorbell to convey.
1149 E Harbor View Drive
Gilbert, AZ 85234
$489,900
3
Beds
2
Baths
1,521
SqFt
Status
Active
MLS #
6672756
Property Type
Single Family Residence
Price Type
--
Get ready to fall in love with this wonderful 3 bed, 2 bath home in the Wind Drift lake community in Gilbert! Step inside to find formal living & dining room, plantation shutters, vaulted ceilings, neutral paint, cozy family room, and tons of natural light. The updated kitchen is equipped with stainless steel appliances, granite countertops, large breakfast bar w/pendant lighting, pantry, and mosaic back-splash. Continue into delightful master suite that offers beautiful bath w/mosaic accents, step-in shower, dual sinks, and separate tub. Outside, relax in the covered patio w/extended paver or entertain yourself playing with your personal putting green. Don't wait to see this beautiful home!
2016 N Mcallister Avenue
Tempe, AZ 85288
$489,900
3
Beds
2
Baths
1,547
SqFt
Status
Active
MLS #
6673485
Property Type
Single Family Residence
Price Type
--
Indulge in the perfect blend of modern convenience and classic charm in this inviting 3-bedroom home, complete with a family room and bonus room, nestled in a community without the constraints of an HOA. Revel in the warmth of updated wood flooring that graces the interior, complemented by a kitchen transformation in 2019. A newer roof and HVAC system speak to the meticulous care and thoughtful upgrades this home has received. Embrace the beauty of natural light through sunscreen and dual-pane windows and the practicality of an RV gate adds to the appeal. Enclosed by block fencing, the backyard becomes a private retreat. This residence is not just a home; it's a testament to thoughtful updates, no HOA restrictions, and a lifestyle that seamlessly blends comfort and style!
1250 N Abbey Lane
Chandler, AZ 85226
$489,900
2
Beds
2.5
Baths
1,956
SqFt
Status
Active
MLS #
6681966
Property Type
Townhouse
Price Type
--
Welcome to the epitome of modern living at Rhythm, a gated community designed for resort-style luxury. Step into this impeccable move-in-ready condo boasting 2 bedrooms plus a loft and 2.5 baths. Upon entry, you're greeted by an expansive open great room seamlessly blending the kitchen, dining, and family areas. The kitchen is a chef's dream with its spacious island, corner window, and sleek stainless steel appliances. Entertain effortlessly in the family room, equipped with surround sound and offering access to one of two balconies, perfect for enjoying your morning coffee or evening breeze. Upstairs, discover a versatile loft area leading to the second balcony, strategically dividing the master suite from the second bedroom and bathroom. Your two-car garage boasts epoxy floors, adding a touch of sophistication to your parking space. Indulge in the community's lavish amenities, including lap and additional pools, a splash pad, full gym, basketball court, and outdoor entertainment areas featuring dining spaces, lounging areas, BBQs, fire pits, and TVs. Plus, there's even a dedicated dog park for your furry friends to enjoy. Convenience meets luxury with this prime location offering swift access to top-notch restaurants, shopping destinations, and major freeways. Experience the ultimate in resort-style livingwelcome home!
5249 W Lydia Lane
Laveen, AZ 85339
$489,900
3
Beds
2.5
Baths
2,222
SqFt
Status
Active
MLS #
6684943
Property Type
Single Family Residence
Price Type
--
Welcome to this lovely home on a large lot. This single-story home boasts 2,222 square feet of living space, three bedrooms, two and a half bathrooms, a spacious primary bedroom with a large ensuite and a huge walk-in closet. Secondary bedrooms have walk-in closets. The oversized kitchen features granite countertops, DOUBLE OVENS, lots of cabinets and storage space, stainless steel appliances, gas stove top, and walk-in pantry. The stainless refrigerator conveys! The open concept great room floorplan is modern connecting the kitchen, dining, and living room areas. This home has beautiful tile floors, 2'' wood like blinds, coffered ceilings, a 3-car tandem garage with epoxy floor, soft water loop, a large grassy backyard with RV gate, and a service door leading to the backyard.
2423 Oak Hill Street
Sierra Vista, AZ 85650
$489,900
3
Beds
2
Baths
2,199
SqFt
Status
Active
MLS #
6692035
Property Type
Single Family Residence
Price Type
--
Stunning two-story 2200 Sq. Ft. Custom built home in P.D.S Country Club ( NO H.O.A.) 3 Bedroom 2 Bath with Loft office area. New remodeled Kitchen with many upgrades, Granite counter tops/Oak pull out cabinets, Bar counter with wine rack. Samsung Appliances. Upgraded light fixtures/ceiling fans through out. Master bedroom walks out to it's own cozy sitting terrace, overlooking the Golf Course #2 fairway and large Pond. Spa bath complete with jet tub his and hers vanity sinks. Guest quarters with private patio.
55460 N Vulture Mine Road
Wickenburg, AZ 85390
$489,900
2
Beds
2
Baths
1,627
SqFt
Status
Active
MLS #
6678239
Property Type
Single Family Residence
Price Type
--
Welcome to your dream oasis in Wickenburg, Arizona. nestled on 1.135 acres of picturesque desert landscape, with plenty of room for a horse set up to be built, or a generous sized rv garage/shop, the possibilities are endless. With its open-concept floor plan, this two bedroom/two bathroom 1,627 sq ft home is perfect for social and family gathering, along with the spacious fenced-in back yard and covered patio it is perfect for outdoor entertainment. The home also has seller-owned solar for huge saving cost! The location of this property is out of town limits yet close to town: 5 minutes from Safeway, 10 minutes to all the roping arenas in town.
17621 W Caribbean Lane
Surprise, AZ 85388
$489,888
3
Beds
2
Baths
2,091
SqFt
Status
Active
MLS #
6673621
Property Type
Single Family Residence
Price Type
--
This beautifully maintained home was given a fresh coat of exterior paint in April 2023 and new exterior lighting, to go along with fresh interior paint, updated kitchen appliances, new blinds, light fixtures, carpet and main living area tile in 2022. It features an open concept floor plan with a formal living and dining room, spacious kitchen with TONS of storage and island. The kitchen opens to a large family room. There are 2 bedrooms off the kitchen along with an indoor laundry room that opens to the garage and separate guest bathroom. Off the family room is a large office with built-in shelves. The large primary bedroom features a large linen closet, dual sinks, private water closet and large walk in closet. Outside there is a covered patio, play pool and large yard. MOVE-IN READY!
