Your set aside you can expect to safety the mortgage payments – along with insurance rates and you will assets taxation – for those who or your partner is actually laid off out of work. You dont want to get rid of your entire discounts to shop for a house. Homeownership boasts unforeseen situations and you can can cost you (rooftop repair, basements flooding, take your pick!), thus keeping some money readily available will assist help you stay aside regarding troubles. [Read more…]