First Time Home Buyers
« Previous EntriesHow to Find a Down Payment to Buy a Home
Saturday, November 10th, 2007By Elizabeth Weintraub
12 Ways to Find a Down Payment
Home ownership in America has increased from 25% in the early 1900s to 67% at the end of that century. During all those years, many home buyers struggled to come up with a down payment. In some cases, the banks required as much as 50% down before [...]
Before You Buy Your First Home
Saturday, September 8th, 2007Tips for First-time Home Buyers
By Elizabeth Weintraub
It’s not uncommon for a first-time home buyer to say to me, “Gosh, just last week I called you about buying a home and now I’m in escrow! How did this happen so fast?”
The answer is it didn’t. First-time home buyers start the search long before most even realize [...]
First time home buyers: Consider Buying HUD Homes
Friday, September 7th, 2007What is a HUD Home?A HUD home is a 1 to 4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Who can buy a HUD Home?Almost anyone! If you [...]