Two things to know about down payments. 1. How much do you really need for a down payment? 2. How can I get help with my down payment?
First Time Home Buyers
The current housing landscape presents greater home values, low interest rates, and high buyer demand. All of these factors point to the strong market forecasted to continue throughout the rest of the year.
Home Prices Up 5.05% Across the Country, both regionally and by state. Based on the on the numbers, waiting to relocate could end up costing you more!
Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today.
If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize.
The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
Millennials are defines as 18-36 year-olds and the median age of all first-time home buyers is 32 which means more and more "old millennials are realizing that homeownership is within their grasp now!
There are 10 steps to buying a home and we've provided this useful chart.
If you are a millennial considering buying a home, understand that there are many options available. You may find yourself in a condominium as your first home. For many millennials, their choice has been buying a condominium!
list all the features of a home that you would like, and to qualify them as follows:
- “Must-Haves” – if this property does not have these items, then it shouldn’t even be considered (ex: distance from work or family, number of bedrooms/bathrooms).
- “Should-Haves” – if the property hits all of the ‘must-haves’ and some of the ‘should-haves,’ it stays in contention but does not need to have all of these features.
- “Absolute-Wish List” – if we find a property in our budget that has all of the ‘must-haves,’ most of the ‘should-haves,’ and ANY of these, it’s the winner!
- older posts
- newer posts