5 Things Every First-Time Home Buyer Needs to Know

approximately 37.5 million U.S. households. for your life insurance needs. This press release features multimedia. View.

Lost in Oreo Moment, Carson Faces Tough Questions About HUD An email sent by hud secretary ben Carson to staff says assistant HUD secretary Suzanne. The spokeswoman, Faith Vander Voort, referred questions about Tufts to the White House, which did not.

Just because you’ve been through the process of buying a home before doesn’t mean you know all the pitfalls – especially.

A first-time homebuyer may receive closing cost or down payment help.. For example, you may have to meet low-income requirements for the area in. the five-year period following the initial contribution to the account.

Charleston-area home sales tick up 3% in May after falling the previous 2 months Charleston-area home sales ticked up in May after falling the previous two months in what’s become an up-and-down year for the residential market in the Lowcountry. File/Warren L. Wise/Staff FacebookWhat is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]  · The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time. freddie mac forecasts interest rates to rise to 4.5% by the Q4 2020. CoreLogic predicts home prices to appreciate by 4.8% over the next 12 months.

First-Time Home Buyers – Five Things You Should Know Before You Start Your Search One of the most important milestones that a family comes to is the purchase of their first home. Though the first home purchase is a dream for most, such dreams can often cloud out the necessities. The purchase of a [.]

5 Things All First-Time Home Buyers Need To Know – Obtaining a pre-approved mortgage is a must as it lets sellers know that a financial institution is backing up any offer you make. Also, choosing a home before you know how much you can pay for a home is, well, a big mistake.

Mortgage homework – The Mortgage Gal Michele at My Mortgage Gal is so easy to work with. She is so friendly, positive, efficient, honest. and can make buying a home more simple and a little less stressfull. She will guide you through the entire process. She is very knowledgeable and has been in the business for many years and is an expert at what she does. We loved working with.

I’m also going to give you a link to our Zing University course which will walk you through what first-time home buyers really need to know. When you’re ready, feel free to get a mortgage approval online through Rocket Mortgage or give us a call at (888) 980-6716 to speak with one of our Home Loan Experts.

5 Things First-Time Home Buyers Need to Know Buying a home is an exciting adventure, but for first-time home buyers, it can also be overwhelming. Let’s talk about 5 things you need to know before making that big purchase.

This is because the new rules also mean that all mortgage sales now need to be advised. The couple, from Carlton Colville in Suffolk, are first-time buyers with a 5% deposit to put towards their.

The customary amount varies depending on the market, but might range from 1% to 3% of the offer price. If your offer is accepted, the funds are applied toward your closing costs. If not, your earnest money is returned to you. Down payment – this is the percentage of the home price that you must pay at closing.

5. Know your tax credit options. The first-time home buyer tax credit may be no more, but there are a number of tax breaks new homeowners may not be aware of.