Finding and viewing houses during the home buying process can be dizzying, especially for first-time home buyers. Before you start looking at homes, it’s important to set your housing priorities. We give you a few items that should make your list so finding the right home is a breeze.
Tag: first-time home buyer
A recent segment on NBC’s TODAY Show revealed that NOW is the best time to buy a new home. Not only are prices at an all-time low in many cities, but most mortgage rates are less than 6 percent. With higher unemployment rates and more foreclosures, buying a home is more affordable than it’s been in years. But before you buy, you should ask yourself these important questions.
As almost all of us have discovered at one point or another, the Internal Revenue Service’s tax code is constantly changing. A tax credit that you’ve used for years might be snatched away from you. Or you could suddenly find yourself eligible for a new deduction that was just added to the books. Let’s take a look at some of the ways that the tax rules have evolved this year and how they might affect you.
For a few years now, many of us have been trying to decide if it’s the right time yet to invest in a home. On the one hand, we want to wait until the economy is in a little bit better shape and our own employment is a little bit more secure. On the other hand, we want to take advantage of getting the best price on a home and we know that we must be near the housing market price bottom. So, what do you think, is 2011 the year that we should invest in property?
Get the inside scoop from a mortgage industry veteran about buying a home and what you should do – and what you shouldn’t – to ensure a smooth and quick mortgage experience.
Qualifying for a home loan these days isn’t easy and requires extensive documentation as well as some available cash. But know that some of your financial costs may very well be tax-deductible, so be sure to keep all receipts and obtain detailed accounting from your mortgage lender regarding all costs paid out of your pocket once you close the deal. Here are five things you’ll need to qualify for a home loan today.
By: Doug Gartley Buying a home requires a lot of preparation and research. It’s important to start off on the…
By: Chris Klau The following question is one that we get often at Quizzle.com, the free and easy way to…