Suze Orman Buying A Home -

: You must have 8 to 12 months of living expenses saved in a separate account after the down payment is paid.

: You should only buy if you plan to stay put for at least five years, preferably 10, to ensure the home's value appreciation outpaces the high costs of selling (like the 6% agent fee). suze orman buying a home

A central theme in Orman's advice is that your lender’s "pre-approval" amount is irrelevant. Does buying a home still make sense? by Suze Orman : You must have 8 to 12 months