According to the National Association of Realtors, nearly 5 million existing homes were purchased in 2014, as well as almost half a million newly-built homes (1). But for many individuals – especially those new to buying (2) – the dream of homeownership remains a fantasy because the process of purchasing one seems daunting.
Our team decided to show our support for these potential purchasers by creating the following list of helpful resources, which provide useful information to first-time homebuyers.
This article gives a rundown of what to expect throughout the home-buying process.
Your financial picture is a major consideration in purchasing a home. This tool will help you calculate what you can afford.
Inspectors and Appraisers
It’s important to have a home that you’re interested in looked over by an inspector to ensure you’re aware of any issues the property may have.
5 First-Time Homebuyer Mistakes
Sidestep any added stress or costs by avoiding these potential buying blunders.
The Single Parent’s Guide to Buying a Home: Assistance, Grants, and Home Ownership
Many parents who are relying on a sole source of income are still in the position to purchase a residence.
For a list of various federal and state-based first-time homebuyer programs, It explains who each program is designed for, why they are beneficial and provide eligibility requirements. Also included is a Tips for First-Time Homebuyers section that helps homebuyers better prepare for mortgage loan approval.
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