Listen up, potential homebuyers! The benefits of getting pre-qualified for a mortgage are not to be underestimated. By knowing how much you can afford before you start house hunting, you can avoid the disappointment of falling in love with a home that's out of your reach. It's a crucial first step that can save you time, energy, and heartache.
It will undoubtedly not be very pleasant. So, let's start at the beginning. Most people, as much as they think, will only stay in their first home for five to seven years. Their situations change, and they usually outgrow the house.
I'll be sure to get to my point, and then I'll let you go. Are you aware there is money available if you qualify for first-time home buyers? You may qualify for up to 5% or more of the home's purchase price. If you stay in the home for 10 years, you do not have to pay this money back. If you do not stay in the house for ten years, the money is pro-rated when you do sell. This money is a State Bond Program. I used to shudder when I heard this and think it would take forever to get these loans processed but things have changed.
It is so important that when you are thinking of buying a home you take the right steps and start at the first step. Then take it one step at a time find the fight agent to represent you and the rest will be easy.
Just another day in the life a Real Estate Agent
News Stations Need To Provide Accurate Information to The Public
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