Now could not be a better time to purchase a new home. The government is offering an $8000 tax credit to qualified first time buyers. The Sam Valadez Group will take you through the process and ensure that your needs are met in your first home. Call us today to learn more! Apparently home prices and interest rates are historically low. We could buy a home for as little as 3.5 percent down and as a first time buyer we can get a $8000 tax credit. It would be nice to finally move out of this place. I know Fluffy would love a big yard. We could even buy a home in foreclosure for a fraction of the retail price. If youve ever dreamed of owning your own home, now is the best time to buy! Call the Sam Valadez Group today at 877-788-9876.
Tamara
October 22, 2010
Sam Valadez Group First Time Home Buyer Tax Credit
samvaladezgroup asked:
September 16, 2010
What Not to Do As a First Time Home Buyer
William Buckley asked:
Purchasing a home can be overwhelming for the first time buyer. There are legal, financial, and even emotional issues that a first time buyer needs to be able to handle efficiently prior to purchasing a new/2nd hand home. One first timer tip is to read a lot of literature on the experiences either good or bad that others have made when purchasing their homes. This would at least minimize the chances of being disappointed or finding yourself in a position wherein you’re stuck with a huge mortgage in the wrong house. Below are even more tips you can note before purchasing your home for the first time:
Do not jump the gun – For a lot of people, planning to buy a home is exciting at the very least. Once people make that decision to actually purchase one, they also make the mistake of surfing the web 24/7 to snatch that great home deal; thinking that they would not get something better at a later point in time. This rush in purchasing a home, causes first time buyers to get stuck with a contract to purchase/build a house they don’t really like. Remember, if you purchase a contract to buy a house, you cannot simply change your mind and be simultaneously released from the contract.
Over-buying – For some first time home buyers, purchasing a house that is too big or too heavy financially to maintain is a mainstay mistake. There are situations in which the cost of maintaining the big house causes too much financial stress for the family. Make sure you know your financial limits because not everyone can live the life of a real-estate hungry celebrity. Leave yourself some room to breathe. Purchase a smaller house which you can maintain and put good furniture.
Not comparing mortgage rates – Be sure to explore ALL options before taking a mortgage. Rates, terms, lender, etc. are just some of the variables you have to take into account prior to taking a mortgage. Do not be dazzled by the “lowest” rates a mortgage broker gives you initially. This industry is so competitive that you can easily get a lower rate just by looking for the next mortgage broker. Take your time with this one.
Gladys
Purchasing a home can be overwhelming for the first time buyer. There are legal, financial, and even emotional issues that a first time buyer needs to be able to handle efficiently prior to purchasing a new/2nd hand home. One first timer tip is to read a lot of literature on the experiences either good or bad that others have made when purchasing their homes. This would at least minimize the chances of being disappointed or finding yourself in a position wherein you’re stuck with a huge mortgage in the wrong house. Below are even more tips you can note before purchasing your home for the first time:
Do not jump the gun – For a lot of people, planning to buy a home is exciting at the very least. Once people make that decision to actually purchase one, they also make the mistake of surfing the web 24/7 to snatch that great home deal; thinking that they would not get something better at a later point in time. This rush in purchasing a home, causes first time buyers to get stuck with a contract to purchase/build a house they don’t really like. Remember, if you purchase a contract to buy a house, you cannot simply change your mind and be simultaneously released from the contract.
Over-buying – For some first time home buyers, purchasing a house that is too big or too heavy financially to maintain is a mainstay mistake. There are situations in which the cost of maintaining the big house causes too much financial stress for the family. Make sure you know your financial limits because not everyone can live the life of a real-estate hungry celebrity. Leave yourself some room to breathe. Purchase a smaller house which you can maintain and put good furniture.
Not comparing mortgage rates – Be sure to explore ALL options before taking a mortgage. Rates, terms, lender, etc. are just some of the variables you have to take into account prior to taking a mortgage. Do not be dazzled by the “lowest” rates a mortgage broker gives you initially. This industry is so competitive that you can easily get a lower rate just by looking for the next mortgage broker. Take your time with this one.
Gladys
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September 6, 2010
Houston First-Time Homebuyer Loans
Glenn Lamb asked:
Houston first-time home buyer’s have a number of programs available. The most common choice is a Federal Housing Administration (FHA) loan. These loans are offered by private lenders and insured by the U.S. Department of Housing and Urban Development (HUD) in case of default. Applicants should be a legal resident of the U.S., not have another federal insured loan open, and have enough income to qualify for the proposed purchase. Two or more years of steady employment is generally required. In the Houston area, the current FHA loan maximum is $200,160. Credit is an issue, but it doesn’t have to be perfect. There is more information about FHA loans at the hud.gov website. Another major first-time buyer program is available from the Veterans Administration (VA). There is information about VA loans at the va.gov website.
It is often possible to get a FHA loan with 3% down. Family loans or grant programs may be acceptable to cover the down payment. There are a number of home-buyer assistance programs available in the Houston area.
There are also programs that offer below-market finance rates for buyers that meet income eligibility requirements. A good source of information for this program is the tdhca.state.tx.us website.
Other programs and resources are also available. A good way to get started is to visit with a realtor or loan broker that is knowledgeable about available programs. Texas residents can visit the Texas-Capital-Mortgage website for Houston first-time homebuyer information. You are also invited to call our office at 281-537-7800.
Vincent
Houston first-time home buyer’s have a number of programs available. The most common choice is a Federal Housing Administration (FHA) loan. These loans are offered by private lenders and insured by the U.S. Department of Housing and Urban Development (HUD) in case of default. Applicants should be a legal resident of the U.S., not have another federal insured loan open, and have enough income to qualify for the proposed purchase. Two or more years of steady employment is generally required. In the Houston area, the current FHA loan maximum is $200,160. Credit is an issue, but it doesn’t have to be perfect. There is more information about FHA loans at the hud.gov website. Another major first-time buyer program is available from the Veterans Administration (VA). There is information about VA loans at the va.gov website.
It is often possible to get a FHA loan with 3% down. Family loans or grant programs may be acceptable to cover the down payment. There are a number of home-buyer assistance programs available in the Houston area.
There are also programs that offer below-market finance rates for buyers that meet income eligibility requirements. A good source of information for this program is the tdhca.state.tx.us website.
Other programs and resources are also available. A good way to get started is to visit with a realtor or loan broker that is knowledgeable about available programs. Texas residents can visit the Texas-Capital-Mortgage website for Houston first-time homebuyer information. You are also invited to call our office at 281-537-7800.
Vincent
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August 25, 2010
First Time Home Buyer
freeway393 asked:
Welcome to the Edmonton Real Estate Home Specialist Video Blog in this episode Gerard Hagan talks about the concern of his first time buyer. Gerard Hagan your Edmonton Homes Specialist also talks a little about REIN Canada and investing in Edmonton. If you have any questions, concerns or comments please feel free to contact Gerard Hagan or Janelle Austin at info@bestedmontonrealestate.com
Vanessa
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