Finding the perfect home is challenging enough in a period when higher interest rates mean fewer buyers and fewer sellers. Fortunately, there are programs designed to ease the pain, especially…
Rent-to-own is exactly what it sounds like – you rent a home with a contract that allows you to eventually buy it. There are benefits and disadvantages to rent-to-own, and…
“It’s tough to overstate the importance of credit scores to a mortgage loan application — they’re one of the top things lenders consider,” Tabitha Mazzara, director of operations at mortgage…
The U.S. Department of Housing and Urban Development instituted the Good Neighbor Next Door (GNND) sales program in 2010. The idea remains the same a decade later: spark community revitalization…
In today’s ultra-competitive housing market, a number of startup companies are addressing new realities in home buying with a strategy based on an age-old truth – Cash is king. For…
The belief that you need a 20% down payment to secure a mortgage on a home is largely a misconception. At one point it was true, but these days not…
For first-time homebuyers, the second most important factor (behind location) is: (A) Number of bathrooms. (B) Composition of the kitchen counters. (C) Storage space. (D) Terms…
If home is where the heart is, it’s also where wealth building frequently happens in America. That’s not a coincidence. “Homeownership has historically helped families create a legacy and build…
What started as a housing squeeze 30 years ago is now a full-blown crisis in Seattle and the San Francisco Bay Area. The median home price in San Francisco increased…
If you turned on the news at any point last year, you’ve heard the housing market was wild in 2021, but what will it bring in 2022? Home prices grew…
Sources:
- Fontinelle, A. (2023, June 13) First-time Homebuyer Loans And Programs. Retrieved from https://www.forbes.com/advisor/mortgages/first-time-homebuyer-loans-programs/
- Martin, E. (2023, September 18) How To Buy Investment Property as a First-Time Homebuyer. Retrieved from
- https://www.lowermybills.com/learn/buying-a-home/how-to-buy-investment-property-as-a-first-time-homebuyer/
- Trapasso, C. (2023, September 25) Confused by the Housing Market? You’re Not Alone! We Explain the Head-Spinning Contradictions. Retrieved from https://www.realtor.com/news/trends/confused-by-the-housing-market-youre-not-alone-we-explain-the-head-spinning-contradictions/
- Riquier, A. (2022, May 18) 8 Tips For First-time Homebuyers. Retrieved from https://www.forbes.com/advisor/mortgages/real-estate/buying-your-first-home-ways-to-be-prepared/
- Green, D. (2024, February 3) What is a First-Time Home Buyer? Retrieved from https://homebuyer.com/learn/first-time-home-buyer#toc-1
- Franke-Folstad, K. (2023, September 11) Can I Be a First-Time Homebuyer Twice? Retrieved from https://www.sofi.com/learn/content/can-i-be-first-time-home-buyer-twice/