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austin house hunting: To Buy A New Home Or A Resale Home, THAT Is The Question!
- 05/29/10 07:35 AM
This is an important question, and some first time home buyers may have a hard time answering it. Both new homes and resales have their pros and cons. Let's look at each.New homes, they are new. Plain and simple, new home smell. But don't forget the tremendous new home warranty. Fix, replace everything, in most cases, for up to 10 years. New, energy efficient appliances are always nice, especially if they throw in the laundry room. Closing is very quick and easy. No inspections, surveys, or appraisals to deal with. Usually, you have some room to work with in financing a … (1 comments)
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austin house hunting: Texas First Time Homebuyer Program (Bond Program 77) just announced!
- 05/20/10 12:14 PM
Are you a first time home buyer in Austin, TX who needs down payment assistance?
The much anticipated TDHCA Bond 77 down payment assistance program in Texas was just released by the Texas Department of Housing & Community Affairs. This is specially targetted for first time home buyers in Texas, to augment and replace previous bond programs.
There is $500 million available in funds for low to moderate income first time home buyers.
There are 2 types:
Unassisted: a 30 year fixed loan at an interest rate slightly below market rate
Assisted: a 30 year fixed … (3 comments)
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austin house hunting: What Are You Looking For In An Austin Home?
- 05/18/10 04:41 AM
This is an important question, and having good answers is a helpful way to narrow down the choices you have when looking for a home. If you are a first time home buyer, it can be daunting. Searching for Austin homes, my spot on the map, can leave you scratching your head in confusion. Of course, the most important guideline is budget, but that isn't usually up for debate. Buy once you have a budget nailed down, how do you decide what home you like best? I think the first thing a potential buyer should do in their home search is … (1 comments)
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This is an important question, and some first time home buyers may have a hard time answering it. Both new homes and resales have their pros and cons. Let's look at each.New homes, they are new. Plain and simple, new home smell. But don't forget the tremendous new home warranty. Fix, replace everything, in most cases, for up to 10 years. New, energy efficient appliances are always nice, especially if they throw in the laundry room. Closing is very quick and easy. No inspections, surveys, or appraisals to deal with. Usually, you have some room to work with in financing a … (1 comments)
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