first time home buyer – owner loan

May 11, 2010

Using A Buyer’s Agent – How To Buy A Home The Right Way

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’ needs. Here are some things that you can expect if you enlist in the help of a buyer’s agent.

o Lender Selection: Choosing the lender requires you finding the best rates, and a buyer’s agent can be helpful in this department, particularly if you’re a first-time buyer or unfamiliar with the area. It’s wise to get pre-qualified for a loan before you begin searching for your ideal property.

o Assistance Choosing Property: A buyer’s agent can help you find the best property in your price range, giving you access to properties not listed for sale, for sale by owner properties, lender owned properties, and foreclosure properties. If you search on your own, you typically can’t find these closed properties.

o Negotiation: Putting down an offer and negotiating the price is the most important part of the home buying process. A buyer’s agent can help with negotiation strategies, protective clauses in purchase offers, and alternative financing arrangements.

o Pre-Closing and After: Here is where you can receive help with issues that arise during the property evaluation, moving, insurance, and other house improvement and repair issues. The buyer’s agent can communicate your needs, and ensure that everything is done properly before the closing day.

Thelma

August 20, 2009

If i am a first time home buyer is there any Government grants I can get in Kansas?

Sparky asked:


I am moving in October and I wanted to buy a house If i am a first time home buyer is there any Government grants I can get in Kansas? i would be living in Wyandotte county. If there is and they loans for my down payment or are they free grant money?

Tamara

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