First Time Home Buyer

Being a First Time Home Buyer and thinking about jumping into this “crazy” Real Estate market may seem rather daunting.  Having reservations is very normal.  Relax.  Getting educated about the process and surrounding yourself with a highly skilled team of professionals will alleviate those fears quite quickly.

Following are a few great reasons to buy a home today.

• Pride of Ownership- This will be YOUR home, a place to call home and personalize however you would like.
• Appreciation- Real Estate values run in cycles and over the long term it will most likely appreciate.  The bubble that burst a couple of years ago has again given Buyers a tremendous opportunity to start at the bottom and allow the values to appreciate at a normal rate.
• Mortgage Interest Deduction- The tax code typically allows home owners to deduct interest they have paid throughout the year to their lender from their tax liability.  You will need to consult your tax professional for further details.

How to get started as a First Time Home Buyer:

• Determine the general area in which you want to make your purchase.
• Contact an Experienced Real Estate Professional
• Contact an Experienced Loan Officer (your Realtor will be able to make a good recommendation as the loan officer is such an important team player).
• Gather together documents pertaining to your financial picture such as: pay stubs, tax returns, bank statements… the loan officer will give you specific instructions as to what you will need.
• Fill out a loan application
• Become Pre-approved for a loan
• Contact your Realtor and start shopping.

In Anthem, AZ there is an opportunity to obtain a home with a very small down payment, even 0% down.  View these homes that may qualify for such a loan. VIEW FULL LISTING DETAILS