With more advantages of installing energy-efficient upgrades emerging daily, why wait to start making changes to your home? They’ll help save you money through tax incentives and cheaper energy bills, and, according to many real estate experts, these improvements help sell your home faster.
Tag Archives | First Time Home Buyers
The leaves are falling, the kids are chowing down on apples, and everyone is trying to drink as much cider as humanly possible. This time of the year is great for a lot of things: spending time with family, playing some football in the front yard, enjoying the playoff hunt for baseball, and buying a house.
Not to beat a dead horse here or anything, but you should know by now that mortgage rates are crazy low. They’re not at record lows like they were last month, but they are still insanely low given how high they were last year at this time. Combine low mortgage rates with home affordability being slightly lower than the record set last quarter, and you’ll be surprised with some of the numbers you can find.
Did you take advantage of the first-time home buyer tax credit in 2008? If so, you have to pay it back. I wish I was lying, but like George Washington, I can’t tell a lie. Also like George Washington, I have wooden teeth. But all the wooden teeth in the world can’t get me out of paying back this interest-free loan. If you’re in the same boat, read up on the details of this credit and the repayment requirements.
Sure, putting a big down payment on your new home is a good thing. But, first-time home buyers, keep some cash in your coffers for surprise home repairs! Be proactive and keep some savings aside, even if the inspection came up clean.
Buying a home can be scary. We’ve compiled a list of things to help make your home purchasing experience more enjoyable. Here are ten tips to keep in mind as you move forward in the home buying process
Be Prepared! Applying for a mortgage for the first time can be intimidating and sometimes overwhelming. But if you have all the right documents prepared [...]
The Federal Housing Administration (FHA) doesn’t make or guarantee loans, but it’s been insuring home loans since 1934. The insurance on FHA loans removes or [...]
With interest rates near historic lows many people are ready to buy their first home. Being prepared for what’s to come will help make the process easy and painless.
Buying a home can be an overwhelming process, and it’s easy to forget something on your checklist. If you’re a first-time buyer, chances are you’re learning a lot of stuff for the first time. To help make this process easier, we’ve compiled a list of things you should watch out for, just in case you forgot one.