Many people think waiting another year to save a larger down payment will put them in a better position. The challenge is that property prices often move faster than most people can save. If a home increases in value while you are saving, the extra cash you set aside might only cover the price hike rather than lowering your loan.
Even a small percentage increase in home values can add thousands to a purchase price.
Buying sooner also allows you to start building equity through your monthly payments right away.
Stop the cycle of paying rent while the market moves further out of reach.
I can help you decide if your current savings are enough to start now.