Archive for 'First Time Home Buyers'
Top 5 Mistakes First-Time Homebuyers Make
Buying a home can be an intimidating experience if you are not well prepared. Your Realtor® should supply you with the knowledge you need to be comfortable in every situation. Here are 5 common and costly mistakes that the uninformed buyer make:
Ignoring their Credit Score: Lower score borrowers pay thousands of dollars in increased interest [...]
Full StoryWhat is Needed to Claim the Tax Credit?
All of you new homeowners in Arlington, VA out there that took advantage of the first-time homebuyer tax credit are probably wondering what is needed to claim the tax credit. I hope your Realtor® has informed you as they should have. There is no reason for you to struggle for that information. If you haven’t [...]
Full StoryHomebuyer Tax Credit Surprising Facts
Time is running out for those that want to take advantage of the first-time homebuyer tax credit. Most of you buyer’s out there just know that there’s $8,000 involved. Well here is the fine print that you may not seen. Not saying that the credit isn’t good, just giving you the “other” info that no [...]
Full StoryTop 10 Smartest Cities to Buy a Home
Everyone wants to obtain the American Dream by starting a family and owing a home. Of course, you have to take into consideration the spread between what you would spend on renting a place and what you would pay for a mortgage. The premium to buy is much lower than the 15 year average in [...]
Full StoryFHA Waives 90 Day Flipping Rule
HUD Secretary Shaun Donovan announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. In an effort to speed the resale of foreclosed properties to new owners, HUD has decided to waive the 90 day flipping rule. They are hoping that this will bring [...]
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