Tag: first time homebuyer

 

5 Creative ways to come up with a down payment and buy a home
Is a lack of down payment holding some people back from buying a home? That seems to be true, as coming up with the down payment is the #1 reported obstacle to homeownership according to various surveys, especially with Millennials and younger buyers. (We covered the current state of down payments in real estate in […]
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20 Ways homebuyers can get their purchase offers accepted in this seller’s market
There is no doubt that many areas of the country are in a seller’s market, with some regions like Sacramento, California suffering significant housing shortages that are contributing to price hikes. Too often, homebuyers are facing stiff competition when they make purchase offers, even if they are well qualified, only to be outbid by droves […]
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Mortgage and Homebuying Myths and Facts!
Myth: Interest rates represent the true cost of my mortgage Fact: Your interest rate is just one part of the total equation that determines the real cost of your mortgage, which includes the cost and fees of the loan, etc. It’s better to look at your APR – Annual Percentage Rate – to see the […]
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Think you can’t afford to buy a house? Here are 10 reasons why you’re probably wrong
A new survey shows that 81% of the renters would rather own their home if they could, so what is holding them back? A lot of it is perception and lack of knowledge, data reveals. Of course home ownership isn’t for everyone and some people just can’t afford it, but increasingly, owning a home can […]
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