Tips For First Time Homebuyers
Tips For First Time Homebuyers
Tips For First Time Homebuyers
The buying process is fraught with many complicated issues that in today's market a first-time buyer may not be prepared to navigate alone. For a buyer to have professional representation costs nothing, however, not to have representation can mean the difference between a smooth transaction and a transaction that never closes.
Your Realtor will guide you through the looking for a home, writing your offer, the home inspection, finding the best mortgage lender for your needs, and provide options for the closing attorney. He will be there every step of the way.
When going through the mortgage process whether using first time homebuyer mortgage programs offered through the state and county or going with a conventional or FHA loan, the key to a smooth transaction is getting the information requested by the lender to him as soon as possible. It is a time sensitive world and getting your loan approval in a timely manner can make or break a sale.
You may qualify for first time homebuyer transfer tax exemption. Your Realtor and mortgage lender can identify the areas that do and do not allow this exemption.
Experience is the key to a smooth buying process and for first time homebuyers it is a huge relief to know that a trustworthy buyer's specialist is there for you through thick and thin resulting with you being happy Home Owners!!
