first time buyers: Where have all the buyers gone? Gone to college (almost) every one.
- 06/10/14 01:44 AM
One reason that first time home buying rates are down is allegedly that there are so many younger people strapped with the obligation to repay student loans. The president seems to be aware of the situation, and he is taking action to appear as if he is reducing their load. Just as their parents have been blindsided by the fact that refinancing a home loan for a pile of cash comes with interest charges and monthly payments, the youngan's are shocked to learn that they also must pay back the "free" funding they applied for and received to finance their tuition. Too … (4 comments)
first time buyers: Diamonds and starter homes -- are they forever?
- 12/04/10 06:14 AM
In the days before the real estate price collapse, first time buyers often bought the smallest, lowest priced home they could find. There were a lot of thousand square foot, two bedroom town houses sold. Buyers rightly felt that they wanted to hedge themselves against price increases by getting into the game as soon as possible. Live in the smaller home until you build up some equity and until you need or want more space. Normally, three or four years passed and the homeowner became a move-up buyer. They sold their home to a first time buyer looking for a starter … (1 comments)
first time buyers: Renters: Mortgage interest on your apartment is deductible
- 05/05/10 05:11 AM
Most apartment buildings and other residential rentals have mortgages, and the interest on that loan is deductible for federal and most state income tax purposes. Isn't that wonderful? Well, it's wonderful for your landlord. The same guy who won't let you have a dog is enjoying tax benefits from your rent payments. Too bad you're not your own landlord. Wait, maybe you can be your own landlord! It may be easier than you think, and I can help you. Call me today at 612-916-3033 to arrange a free, no obligation home buyer preliminary consultation and orientation. There's even a possibility of … (2 comments)
first time buyers: Help for first time Eagan homebuyers
- 03/16/10 05:49 AM
Down payment assistance is available for first time Eagan home buyers and others who have not owned a home for at least three years. This program is made available through the Dakota County Community Development Agency, and it provides financial resources to make your home purchase successful. The program is not available to everyone. There are credit score and maximum income requirements, and there is a mandatory attendance in the Homestretch Homebuyer Education Program. Topics covered include: Budgeting and Credit Issues, Financing and Qualifying for a Home, Shopping for a Home, The Purchase Process, Closing on a Home and Life as … (0 comments)
first time buyers: Farmington Downpayment Help
- 03/16/10 05:46 AM
Down payment assistance is available for first time Farmington home buyers and others who have not owned a home for at least three years. This program is made available through the Dakota County Community Development Agency, and it provides financial resources to make your home purchase successful. The program is not available to everyone. There are credit score and maximum income requirements, and there is a mandatory attendance in the Homestretch Homebuyer Education Program. Topics covered include: Budgeting and Credit Issues, Financing and Qualifying for a Home, Shopping for a Home, The Purchase Process, Closing on a Home and Life as … (0 comments)
One reason that first time home buying rates are down is allegedly that there are so many younger people strapped with the obligation to repay student loans. The president seems to be aware of the situation, and he is taking action to appear as if he is reducing their load.
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