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first time homebuyer: Housing Grants in Senatobia MS-Southaven MS-Horn Lake MS-and Desoto County MS - 06/19/10 10:32 PM
Housing Grants in Senatobia MS-Southaven MS-Horn Lake MS-and Desoto County MS
Mississippi Development Authority has announced that there are 32 housing grants available for homebuyers purchasing a home in the city limits of Senatobia MS, Southaven MS, Horn Lake MS or Desoto County MS.
 
These grants are in the maximum amount of $28,750 each and can be used in combination with FHA loans, VA loans, USDA loans or conventional loans.  The housing grant funds can be used for downpayment, closing costs and for principal reduction of the mortgage loan.
 
 
 
 
Here are a few of the basic … (0 comments)

first time homebuyer: Southaven MS Homes for First Time Homebuyers - 04/03/10 07:24 AM
Southaven MS Homes for First Time Homebuyers
Ross Pointe Farms is a popular Southaven MS neighborhood, especially for first time homebuyers and empty-nesters.  This subdivision is divided into 2 sections. 
The larger section consists of  2 and 3 bedroom homes of approximately 1,100 to 1,440 sqare feet.  Some of these homes have attached garages while many have uncovered parking pads.  These Ross Pointe Farms homes are zero-lot size for minimal yard maintenance.

There is a small section at the northwest entrance of the neighborhood that consists of 3 and 4 bedroom homes that go up to 1,600 square feet.  Homes in this section were all built with double … (1 comments)

first time homebuyer: First Time Homebuyer Guide - Part 6 - 09/02/09 12:58 PM
First Time Homebuyer Guide - Part 6by Pam SimpsonThe Kudzu Vine

Part 6:  Signing...Signing...more Signing (we must be at the closing table).
 This is the last article in the First Time Homebuyer Guide Series.  To bring you up to speed, we covered:
Part 1  Finding the Agent
Part 2  Finding the Lender
Part 3  Finding the House
Part 4  Making the Offer
Part 5  Inspections
Yipee!  We found the Realtor, lender, and home.  We had it inspected, the loan has been processed and we are at the closing table. 
The process of "closing" is handled very differently in different parts … (0 comments)

first time homebuyer: First Time Homebuyer Guide - Part 5 - 08/27/09 02:15 PM
First Time Homebuyer Guide - Part 5by Pam SimpsonThe Kudzu Vine

Part 5:  Am I buying a Money Pit?  Inspections
So far, this series has covered:
Part 1  Finding the Agent
Part 2  Finding the Lender
Part 3  Finding the House
Part 4  Making the Offer
Once you have a  signed contract, the transaction moves into the "due diligence" phase.  The title to the property will be examined and this is the time when inspections should be done.  Some inspections are common across the country (like a general home inspection) and some are regional.  For example, in Mississippi, most lenders … (0 comments)

first time homebuyer: First Time Homebuyer Guide - Part 4 - 08/26/09 07:16 AM
First Time Homebuyer Guide - Part 4by Pam SimpsonThe Kudzu Vine

Part 4:  I've found THE home - now what?  (Making an offer)
Okay...here is what we have covered so far:
Part 1 - Finding a Buyer's AgentPart 2 - Finding the Right LenderPart 3 - Finding the Home
Maybe you looked at several homes or you knew the first one you toured was the home for you.  What's next?  Well, its what we call "the offer".  It should be IN WRITING on a form where you and your agent will fill in the blanks.  Generally, there are several forms to … (0 comments)

first time homebuyer: First Time Homebuyer Guide - Part 3 - 08/20/09 11:18 AM
First Time Homebuyer Guide - Part 3by Pam SimpsonThe Kudzu Vine

PART 3:  Looking....Looking...Looking (Finding The Home)
So, in Part 1 you found a Buyer's Agent.  In Part 2, you found your lender.  You have your pre-approval from the lender and you know what price range to target.  You are ready to find your first home.
Lately, I have seen a recurring problem with some first-time homebuyers.  I call it  HGTVitis.   That is the unrealistic expectation that their first home is going to be their "Dream Home" - like something you would see on HGTV.  Don't let this happen to you.  Here is a … (0 comments)

first time homebuyer: First Time Homebuyer Guide - Part 2 - 08/18/09 09:40 AM
First Time Homebuyer Guide - Part 2by Pam SimpsonThe Kudzu Vine

Part 2:  How will we pay for it? (Finding the right lender and loan program for you)
How do you know what price home to be look for?  Think you can't buy a home because you don't have a pile of money saved for a downpayment?  Should you use that huge national on-line mortgage lender who advertises a low interest rate?
Selecting the right lender is one of the key pieces to the puzzle.  If you have the wrong piece, the rest of the puzzle doesn't seem to fit … (4 comments)

first time homebuyer: First Time Homebuyer Guide - Part 1 - 08/12/09 12:43 PM
First Time Homebuyer Guide - Part 1by Pam SimpsonThe Kudzu Vine
This guide is designed to help first-time homebuyers better understand the overall process and steps in purchasing a home. 
There will be 6 parts in this series ranging from finding an agent and lender to different loan programs and what to expect at closing.  This first time homebuyers guide is VERY elementary and simple in order to help those buyers who are seeking guidance on where to start their quest for home ownership. 
***If you live an area other than Northwest Mississippi, the process could be a little different.***
  The … (0 comments)

first time homebuyer: Mississippi Mortgage Revenue Bond Money Program - 08/25/08 01:35 PM
Mississippi Mortgage Revenue Bond Money Programby Pam Simpson, Broker-Assoc.The Kudzu Vine
Ron Withers wrote an informative blog on the Mortgage Bond Revenue Program (HERE) and asked that I contribute information about Mississippi's program.
Mississippi has a Bond Money program to assist first-time homebuyers in the purchase of a home.  A "first-time" homebuyer is defined a someone who has not owned a home in the past 3 years.  Mississippi Home Corp. does have "target areas" of the state in which the first-time rule is wavied.  These target areas are the less developed counties.  In Northwest Mississippi, the counties of Marshall, Panola, and … (1 comments)

 
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Pam Simpson - GRI, Broker-Assoc.

Senatobia, MS

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Bob Leigh & Assoc., LLC

Office Phone: (662) 449-3530

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Senatobia real estate, Tate County real estate, Hernando real estate, Desoto county real estate, HUD Homes, REO


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