If saving up for a downpayment is the only thing keeping you from buying your own home, these summer activities can help you raise the money you need.
Offer landscaping services.
Whether it’s cutting grass, pruning bushes or tending to a rose bush there are plenty of homeowners who don’t have time to put into beautifying their yards. By taking on landscaping projects on the side you can make extra money to go toward your new home.
Pet-sit during vacation season.
Many people plan trips out of town during the summer months, but for pet owners that could mean hefty boarding bills. If you like pets you could give your neighbors a less expensive alternative and make some extra money either by checking in on their fur babies, walking them or giving them a place to stay while their humans are away (if your landlord allows).
Get a summer side job.
Between the beach, the Bay and the local pools,there isno shortage of water in the DMV. If you have a strong swimming background you may be able to get paid to offer swimming lessons or serve as a lifeguard in your spare time. Other seasonal jobs include planning family reunions, catering summer events and working at youth sports camps.
Offer tutoring services.
School may be out, but some parents may want to use the summer to help their children catch up academically or maybe even get ahead. Whether you’re a teacher on summer break or you simply have a few hours a week to spare, summer tutoring can offer the perfect opportunity to pad your bank account.
Take a class.
There may be a way to earn money that doesn’t require you to work at all. You may be able to get downpayment funds to buy your home simply by taking a first-time homebuyer class. For example, one HomeFree-USA member was able to get $39,000 in downpayment funds so she could keep more of her money in the bank.
If you use the summer to enrich yourself, literally and figuratively, homeownership may soon be within reach.
