5 Things First-Time Home Buyers Must Know

Second, you have to be realistic about your expectations. You are a first time home buyer, so everything will not be perfect. You will want to make sure that the layout is pleasing and the structure is sound. Don’t consider properties that require extensive renovations, unless you have experience with this.

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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.

These are the 10 crucial tips you need to know. Top 5 Things A First Time Home Buyer Needs To Know April 27, 2017, By FastExpert So, you have reached an exciting stage in your life where you are about to step onto the ladder of home ownership for the first time. You just have to be prepared and know a few things in advance.

5 Things First-Time Home Buyers Should Ignore When it’s time to buy your first home, it can be a scary process. First-time home buyers should do some research and have a clue what they are getting into. These are the top 5 tips for maintaining your new home.

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The 5 Things You MUST Know If You’re A First-Time Home Buyer It’s that time of year again. the sun is out, the birds are chirping, and the houses are open! If you’re a first-time home buyer, here are five must-do money moves to be sure one of the largest purchases you make is not a huge mistake.

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