After years working of with first time home buyers I realize they have many, many questions as they move through the process of buying their dream home. Some of these are general in nature and some are very specific to a property and location. While specific questions are best handled by a local REALTOR®, I have found a great an on-line resource to assist in some of the more general questions.
The US Department of Housing and Urban Development, better known as HUD, is the place with the answer to 100 Real Estate questions for first time buyers as well as buyers who have bought a home or two before. The HUD site has a list of 100 of the most commonly asked questions regarding real estate and the process of how to buy a home. To make it easier for a potential buyer to find answers, the questions are broken down into ten areas:
- Getting Started
- Finding a Home
- You've Found It
- General Financing
- First Steps
- Finding the Right Loan
- Closing
- How Can HUD and FHA Help
- Mortgage Insurance
- FHA Products
What kinds of basic home buying questions are on the list? Here are a few sample questions:
- HOW DO I KNOW IF I'M READY TO BUY A HOME?
- WHAT SHOULD I LOOK FOR WHEN DECIDING ON A COMMUNITY?
- IS AN OLDER HOME A BETTER VALUE THAN A NEW ONE?
- HOW CAN I FIND INFORMATION ON THE PROPERTY TAX LIABILITY?
- DO I NEED TO BE THERE FOR THE INSPECTION?
The answers to these home buying questions (and 95 more), can be found at the HUD website. The HUD site will not have an answer to every question you might have. That's where an experienced real estate professional, such as myself, can help you with the process. But, if your not ready to call me, these 100 questions will get you off to a great start in your journey to purchase your dream home.
Got a specific question on Minnesota Real Estate?
Email me a question on Minnesota real estate and I will get you an answer as soon as I can!
If you are buying, selling or relocating to Minnesota and would like the assistance of a professional REALTOR ®, give me a call or visit my website for a FREE Relocation Packet. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.
Buying a Home? Check out my new HOME BUYER'S BLOG! Copyright 2008 Teri Eckholm http://www.terieckholm.com/
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