Speak with a Realtor, ask for a recommendation from a friend or family member on which Realtor to use. The cost of having a Realtor on your side as a buyer is little to none. They will help you find the right property for you and can recommend a reputable mortgage lender.
If you intend to keep the home, you are buying for 10 years or more, it is a great time to buy a home. It is a buyers market with more homes for sell than buyers. If you want to sell your home before the economy turns around, it is not a good time to buy.
There are lease to own options. Normaly home buyers are buyers from the begining.
Hoyt F. Kelley has written: '1st time home buyers guide' -- subject(s): House buying
if you are buying a new home it is important to check the house correctly because the house you are buying may be in danger or gt is ruined from inside, and also it may have some criminal records! lol ha ha
The first time home buyers credit is available to people who purchased their home from 2008-2010. You could not previously have owned a home in the three years before the closing date on your new house. If you owned a home previously, but sold it before the three year deadline, you are still a candidate.
It is very important to have a home inspected before you buy a home. Many sellers these days try to skimp out on things and you may end up buying a home with a collapsing roof. Be wary!
Contact any lender. There are fantactic offers and help for first time home buyers right now
First time buyers are defined as an individual who has never owned a home before. If one partner of a married couple has owned a home before, but the other has not, they are both considered first time buyers.
One can find great online advice for home buyers at Investopedia. They have great information from the Mortgage Basics to the Buying Process to Becoming a New Homeowner.
There are many things that a first time home owner must know before buying a house. Never get a mortgage that is over 30 years and always inspect a house before buying it.
The home buyers information center on the our family place website offers an extensive and informative home buyers checklist. You can access the list online by following this link: http://www.ourfamilyplace.com/homebuyer/checklist.html
There is currently an $8000 tax credit to those who purchased a new house in 2009. However, this tax credit only applies to new home buyers, previous home buyers will not qualify for this credit.