In today’s tumultuous economy, it’s no surprise that there are foreclosure properties to be found in just about every community across America. While a terrible hardship for homeowners to endure, foreclosures can present a unique opportunity for first-time home buyers and investors to purchase a “bargain-priced” home. But does that mean they are the right [...]
Posts Tagged ‘First Time Home’
Why Do You Need a Pre-Approval?
Many househunters, particularly first-time home buyers, may not know exactly what they are getting themselves into financially when it comes to buying their first home. You must remember, there’s a lot more to consider than just the listing price. It is important to speak to a mortgage professional to receive a pre-approval to verify what you [...]
Follow Rent Rates to Predict Housing Prices
In this buyer’s market, along with the first-time home buyer’s tax credit stimulus, many people are finally able to take the plunge into home ownership. But for some, the waiting game seems to be paying off because, depending on the market, while some home prices are slowly creeping back up, some continue to drop. So [...]
Is It More Economical to Buy or Rent a Home?
If you are a first time home buyer in this economy, you may be stuck in a quandary. With a depressed real estate market, is it better to rent or own a home? Before you make this important choice, there are a few factors you should consider. After going over these points, you should be [...]
If you are in the position of being a first time home buyer in this economy, you may be stuck in a quandary. With a depressed real estate market, is it better to rent or own a home?
