I love helping first time home buyers become first time home OWNERS. There is such a feeling of satisfaction helping someone through the process of buying their very first home. It's the start of their financial future.
Yesterday I had the pleasure of handing the keys to my buyer client, a first time home buyer. We found this great townhouse in the community of Braemar. Three finished levels, end unit, one car garage and a three level bumpout. And it even had a deck! It was in excellent condition. The home inspection revealed no problems.
We negotiated a sales price that was 21% below the 2008 Tax Assessed Value. We also negotiated that the seller pay 90% of his closing costs. So, all said and done, my buyer needed well under $1,000 to cover his portion of closing costs....and that was more than covered by his initial earnet money deposit. Had he not used the additional earnet money deposit toward his down payment, he would have received a refund of over $1,500 at settlement.
If you know someone looking to purchase their first home, give me a call. I've got the experience to help them through the process, and the attitude and know-how to make it a great experience.
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