first time home buyer – owner loan

Ryan Coisson asked: If you are a first time home buyer, you undoubtedly have lists of amenities and ideal features you would like in your new house. You’ve probably been thinking about it for years. But have you put the same thought and attention into the type of neighborhood you want to live in? A [...]

Carl Pruitt asked: FHA loans are a great tool that allows many potential first time homebuyers with past credit problems to break into the housing market. Prices are low and seller concessions are high in the today’s real estate buyer’s market. However, many of the subprime mortgage 100% financing deals are gone. FHA is the [...]

Carrie Reeder asked: Having bad credit will greatly affect your credit applications, especially if you have filed bankruptcy. If you have previously owned a home, and maintained a good payment history, lenders may give you a loan following a bankruptcy. However, if you are a first time homebuyer, expect lenders to be leery.Loan Options for [...]

Nick Piscitelli asked: Well, the market is all abuzz over the Housing and Economic Recovery Act of 2008’s new $7,500 Federal Tax Credit for First Time Home Buyers. And well it should be! Right now, buyers should be out there buying! Rates are low, there is an excessive amount of inventory to choose from, and [...]

Bill Whitmire asked: The purchasing of your own home has always been part of the American dream but home ownership is more difficult for some then it is for others. Fortunately there are loan programs which help those who might otherwise not be able to purchase their own homes. Many challenges can stand in the [...]

Lee Keadle asked: Many buyers have been asking about the tax credit for home buyers coming up this tax year. Although this topic has gotten a lot of coverage in the news, people have gotten really confused about what it is. So, I wanted to clarify some of the misconceptions I’ve noticed when talking to [...]

John Anghelache asked: Shopping for your first home can be an exciting experience.On the other hand, if you don’t know what you’re doing, it could be a costly experience that haunts you for years to come. In this brief article we’ll discuss some of the mistakes a first time home buyer is likely to make.Mistake [...]

Joan One asked: Today, buying a home has become a much more complicated process than it was a decade ago. People who are buying a home for the first time are now being bombarded with numerous options when it comes to loans, mortgages, not to mention all the financial jargon that comes with buying property. [...]

Flynna Sarah Molina asked: Real estate sector is definitely a volatile business which is always affected by various terrible issues. The on going credit crunch and global economic crisis are the major factors why this sector has been struggling for so long. The financial benefits made by the federal government like the first time home [...]

Olivia Hanks asked: If you’re looking to buy a home, you should consider investing in a buyer’s agent. After buying my first home, I learned that we needed someone to protect and look out for our interests as a buyer, rather than using a real estate agent who was only interested in only the sellers’ [...]