Chicago First Time Home Buyer Online Seminar - Recording is Up

If you are thinking about buying your first home, and want to take advantage of the $8,000 first time home buyer (or $6,500 move up buyer) tax credit, it is time to get serious. The deadline for getting your contract together is April 30th, just a month and a half away. You don't have to close your purchase by the end of April, you have until the end of June to get your mortgage and close. But, if you are planning on taking advantage of this credit, time is running out quicker than you might think.

Buying a home is complicated. That's not surprising; after all, this is likely to be the biggest purchase of your life. If one home were the same as another, it would be easy enough to go out and buy a home in a weekend. Finding the right home takes more time and gets a little more complicated. And making sure you are ready and able to buy a home is the other issue. Is your credit good enough? Do you know where your down payment is coming from? Do you know what steps to take to buy a home and get approved for a mortgage? With time running down, you want to be sure you are prepared and able to get your home financed once you find the home that is right for you.

I recently put on a first time home buyer webinar- How to Buy Your First Home With a Low Down Payment - Chicago First Time Home Buyer Webinar - which covered the entire process of how to find a home and get a mortgage in a way that works best for you and your needs. If you are looking for information on how to get the process going, and make sure you are on the right track, this is a great place to start.

Here is the link:

First Time Home Buyer Webinar

The webinar is just under an hour long, and the feedback I got from those who attended has been that this was a great way to get the information they needed, and they felt more confident going forward. Here is some of what I cover:

Why this is the best time to buy a home in years, and the best time for years to come.

How to qualify for your $8,000 tax credit.

How you can avoid the big first time home buyer mistakes which can cost you thousands of dollars. 

What you can do to put yourself in the best position to qualify for a mortgage.

What lenders look for on your credit report, and what you can do to raise your scores and improve your credit

What you need to know before buying a condo in Chicago (or anywhere else).

How you can buy with a low down payment, and possibly no money out of your own pocket.

What you need to know about FHA, and why this is the most popular program for first time home buyers

The steps involved in buying a home, from start to finish.

First Time Home Buyer Webinar

There is a lot of information packed into this, and if you are in the market, or even thinking about buying a home, this is worth your time. Let me know if you found it helpful.

Peter Thompson 630-479-6424

Chicago FHA Specialist                First time home buyer loans