26
Mar 19

This Celebrity Home For Sale Is Only Accessible by Cable Car


It’s about as private as it gets.
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26
Mar 19

Let Your Eyes Feast On All the Colors in Society6’s Huge Spring Sale


Almost everything on the site is discounted, with some of their most popular items up to 40% off.
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26
Mar 19

Look Inside: A Marvelous, Mid-Century, Midwestern Home for $624K


This architect-designed home will have you wanting to book a flight to Illinois and buy property ASAP.
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26
Mar 19

7 Stylish Ways to Upgrade Your Small Bathroom for $30 or Less


These stylish, affordably items will elevate your small bathroom in no time.
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26
Mar 19

7 Bright Bedroom Ideas to Steal From IKEA


Because sometimes a little color is all you need to spice up your space.
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25
Mar 19

Your Tax Refund Is The Key To Homeownership!

Your Tax Refund Is The Key To Homeownership! | Simplifying The Market

According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year.

Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in 2019, this can be a great jump start toward a down payment!

The map below shows the average tax refund Americans received last year by state.Your Tax Refund Is The Key To Homeownership! | Simplifying The MarketMany first-time buyers believe that a 20% down payment is required to qualify for a mortgage. Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.

If you started your down payment savings with your tax refund check this year, how close would you be to a 3% down payment?

The map below shows what percentage of a 3% down payment is covered by the average tax refund by taking into account the median price of homes sold by state.Your Tax Refund Is The Key To Homeownership! | Simplifying The MarketThe darker the blue, the closer your tax refund gets you to homeownership! For those in Oklahoma looking to purchase their first homes, their tax refund could potentially get them 85% closer to that dream!

Bottom Line

Saving for a down payment can seem like a daunting task. But the more you know about what’s required, the more prepared you can be to make the best decision for you and your family! This tax season, your refund could be your key to homeownership!

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25
Mar 19

You Can Help Save the Bee Population with This Adorable Bee House From Costco


Save the bees!
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25
Mar 19

The Small Home Improvement Projects That Make A Big Difference, According To Reddit


There are a number of small changes you can implement that can actually make a huge difference.
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25
Mar 19

This Cat Tree Is the Ultimate Playground for Your Furry Friend


My cat would probably just play with the box this came in.
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25
Mar 19

Your Phone Needs Spring Cleaning, Too—Here Are 5 Things That Could be Slowing You Down


We have a step-by-step guide to get you started on a cleaner, smarter device.
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