Posts Tagged ‘first time home buyer’
Determining a homes value is not always as easy as it seems. While your real estate agent and ultimately, a real estate appraiser will determine the true value of the house you are buying, it’s a good idea for the first time home buyer to have some basic understanding of how home valuation works.
Your Real [...]
A recent survey by the NAR (National Association of Realtors) listed some facts about first time home buyers. Check it out and see if you fit the profile. The median age for a first time home buyer was 30 and their median income was $60,000. The average price for first time home buyer homes was [...]
It kind of looks like the whole worlds economy is going down the tube lately. How did this happen? Where did we go wrong? Who is to blame? Yada, yada, yada. I hate to break it to you but the world economy is on the brink of collapsing because of the US housing market. It’s [...]
If you are going to be a First Time home buyer anytime in the next four years, you’ll want to get out and vote tomorrow, Tuesday November 4th. If you’re not sure where to go to vote, follow this link to Google’s “where do I vote?” page and simply type [...]
I’m sure you have heard more than enough about the pending government bailout of Wall Street and all the bad mortgage debt that they own. If you ask me, I say Wall Street needs to go down with the ship. It was their greed and the games they played with a thing called derivatives that [...]
If you haven’t heard, the seller funded down payment assistance programs like Nehemiah will no longer be available after October 1st. Many lenders have already stopped offering these programs. If you are a first time home buyer and you have no money for a down payment, you better find and buy a home fast!
To see [...]
The answer is generally no, in fact it is still possible to buy a home with no down payment. That said, not everybody will qualify for this mortgage program so I will mention a few things to consider if you are planning to buy a home with no down payment.
There are very few if [...]
