5 Things First-Time Home Buyers Must Know

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Are you a first time home buyer and need some advice before. four key tips from a home sales professional that you must consider. Know your lifestyle, know what home is going to fit that. Re-saleability is extremely important: It’s your first home, you’re not going to live in this forever, maybe three, five.

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Down payment – this is the percentage of the home price that you must pay at closing. The more you put down, the lower your mortgage payments will be. Some loans require you pay 10% to 20% of the purchase price. Other loans designed for first-time home buyers, such as an FHA loan, may only require 3% down or less.

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5. Be an informed buyer. Ask lots of questions. Make sure you get a complete and. of up to $8,000 for first-time homebuyers and some current homeowners. 22.

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 · Home > DIY Tips > 5 Things First-Time Homebuyers Should Consider.. 0 comment. diy tips, Special Feature. First-time homebuyers know – buying a home is an incredibly exciting process. From starting to look at properties to considering your wishlist and more, it’s an adventure from start to finish.. New Home Must-haves Before Buying.

There are many steps and emotions involved in buying your first house so gaining knowledge about the process is crucial. Ready for the 5 MUST KNOW items for first time home buyers? First, how much can you spend as a first time home buyer? Know your budget and stick with it. A good first step to find your budget is to get pre-qualified for a loan.

5 Things Every Home Buyer Must Know Whether you are buying your first house or your tenth, being prepared is a huge part of the process. Buying a home takes careful consideration and realistic expectations before signing the mortgage papers and moving into your new dream house!