Tips to buy a home without breaking the budget

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Real Estate

Have you found yourself daydreaming about, or even looking for, that next new home? With interest rates at historically low rates and people stuck at home with the enhanced ability to work remotely, many people find themselves actively hunting for that next place to call home.

Home sales have been steadily increasing in recent months, with sales of existing homes jumping nearly 21% in June compared with May, according to the National Association of Realtors.

This means inventories are low in much of the country, so you may need to move quickly. And you may not have time to sell or even list your current home before making that offer, especially if you have children. If you have a lot of equity in your current home, there are several options.

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