oakland county 1st time home buyers: The Government Just Made Buying Your First Home More Affordable (And a Few Tips to Make It Even More So)
- 02/28/23 01:19 PM
No matter how much buying a house makes sense for your long-term financial well-being, buying your first house can often just seem expensive and totally out of reach. That leads to many younger people putting off buying a home until later in life than they might have, if the costs were lower. But there are plenty of younger people buying homes. Nearly 40% of people under 35 own a home, so it’s by no means impossible or entirely unaffordable.
Homeownership Stats by AgeInfogram As you can see in the graph above, the homeownership rate goes up to just over 60% for those between the ages … (1 comments)
oakland county 1st time home buyers: BUYING A HOME IN NOVI MI WITH LITTLE OR NO MONEY DOWN IN 2020
- 03/13/20 01:13 PM
Buying a Home in Novi MI with Little or No Money Down in 2020 – For many first-time homebuyers, coming up with the down payment can be one of the biggest hurdles to buying a home in Novi MI. Even in a modest market, a traditional 20% down payment can easily amount to tens of thousands of dollars. The good news for homebuyers, with limited cash-on-hand for a down payment, is that there is a bevy of mortgage programs requiring little or no money down that are available to the general public. Search Homes for Sale in Novi MI It’s actually a common misconception that “20% … (0 comments)
oakland county 1st time home buyers: DOWN PAYMENT FOR YOUR FIRST HOME IN OAKLAND COUNTY MICHIGAN
- 01/20/19 09:33 AM
So you’ve decided to purchase your first home in Oakland County, Michigan. Congratulations! Purchasing a home is a huge decision, and it can be one of the most exciting and rewarding experiences of your life, but getting the down payment can be tricky and challenging. But purchasing a home requires capital, and if your savings account is looking a little trim, it means that you will have to do some budgeting in the upcoming year to make your dream of being a homeowner a reality and having that elusive down payment. Here are 7 budgeting tips to help you buy your first home and save … (1 comments)
oakland county 1st time home buyers: Mortgage Rates Increasing-Get Off The Fence!
- 10/26/18 02:19 PM
Mortgage Rates Increasing Can Effect What You Can Afford When you’re buying a home in Oakland County, Michigan, you might think the price you offer is ultimately the price you’ll pay, but if you’re buying a home with a mortgage, that’s not the case. With a mortgage, in addition to paying your principal (the amount of money the bank loans you to purchase your home), you’ll also pay the interest rate on that principal—which is why the mortgage rates increasing on a mortgage loan is so important to you as a home buyer or potential home buyers. Interest rates on mortgages have been low … (0 comments)
oakland county 1st time home buyers: A Successful First-Home Purchase in Oakland County MI
- 10/08/14 12:23 AM
Think You’re Ready To Make A Successful First-Home Purchase in Oakland County MI? It’s very exciting — and perhaps a bit overwhelming — given the expense, time and the number of steps it takes to make a successful first-home purchase in Oakland County MI today. You’ll certainly face many decisions along the way, and there’s plenty to do before you achieve your goal of your beautiful first home in Oakland County MI. Relax! It may take a few weeks to get it all together, but buying your first home in Oakland County doesn’t have to be a difficult process if you take it step … (0 comments)
My blogs are about helping home buyers ,home sellers and even home owners with new and old ideas to prepare them for either scenario. Being a Realtor in Oakland county Michigan is a fulfilling job and I'm very proud to share my knowledge and to learn from other as well.
No matter how much buying a house makes sense for your long-term financial well-being, buying your first house can often just seem expensive and totally out of reach. That leads to many younger people putting off buying a home until later in life than they might have, if the costs were lower.
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