First Time Home Buyers

First Time Home Buyers The Best Time to Buy a Home in 2024: Sept. 29 – Oct. 5 According to a recent article from Realtor.com titled “The Best Time To Buy a Home Is the Week of Sept. 29 – Oct. 5,” this fall presents a unique opportunity for homebuyers. Here’s what you need to know: Key Highlights: Optimal Buying Window: The week of Sept. 29 – Oct. 5 is identified as the […]
First Time Home Buyers Why Mortgage Pre-Approval Should Be Your First Step in Home Buying As the real estate market evolves with growing home supply and decreasing mortgage rates, many potential homebuyers are considering entering the market. However, before you start browsing listings, there’s a crucial step you shouldn’t skip: getting pre-approved for a mortgage. What is Mortgage Pre-Approval? Mortgage pre-approval is a process where a lender examines your financial […]
First Time Home Buyers 5 Smart Savings Hacks for First-Time Homebuyers: Your Path to Owning Your Dream Home Hey there, future homeowners! Let’s talk about some smart ways to save for your first home. I recently came across a great article from Keeping Current Matters called “Savings Strategies Every First-Time Homebuyer Needs to Know,” and I want to share some key takeaways with you. First things first, creating a budget is crucial. Track […]
First Time Home Buyers Unlocking Your Dream Home: Down Payment Assistance Demystified Embarking on the journey to homeownership brings excitement and anticipation, but it also involves navigating various financial considerations. In this post, we’ll unpack three critical aspects for first-time home buyers: 1) Down Payment, 2) Monthly Payment, and 3) Closing Costs. While we’ll explore Monthly Payments and Closing Costs in future posts, let’s take a moment […]
Rent-To-Own New Construction Home Program
First Time Home Buyers With these interest rates, is it a good time to buy my first house? Hey, this is Rob, Your Realtor, and today I want to address the question, “With these interest rates, is it a good time to buy my first house?” The short answer is YES and I’m about to tell you why. Today’s interest rate (September 12) of 7.12% for a 30-year, fixed rate mortgage and this […]
First Time Home Buyers How To Know If You’re Ready to Buy a Home If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing market conditions are definitely […]
First Time Home Buyers Explaining Today’s Mortgage Rates If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. But, there’s one thing that’s historically a good indicator of what’ll happen with rates, and that’s the relationship between […]
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First Time Home Buyers What Homebuyers Need to Know About Credit Scores If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a factor that helps determine your mortgage rate. […]
Financial Considerations for First-Time Home Buyers When you are planning to buy a home, it’s important to have a clear idea of the costs involved, both upfront and ongoing. Here are a few things you should keep in mind: Down payment: You will need to save up for a down payment, which is a percentage of the home’s purchase price that […]
First Time Home Buyers How Could an FHA Loan Help a First Time Home Buyer? FHA loans are a type of mortgage that is backed by the Federal Housing Administration (FHA). This means that if a borrower defaults on their loan, the FHA will cover the lender’s losses, which makes it less risky for lenders to offer these loans to borrowers. FHA loans are popular among first-time homebuyers because they […]
First Time Home Buyers Is It Really Better to Rent Than To Own a Home Right Now? You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. A lot of the time, these reports are assuming things that aren’t realistic for the average […]