First time homebuyers represent a large part of today’s home buying movement. Renters are now venturing out to own their own space and taking this opportunity to improve their overall financial position.

First time homebuyers represent a large part of today’s home buying movement. Renters are now venturing out to own their own space and taking this opportunity to improve their overall financial position. Taking the step to purchase a home for the first time is a big commitment and can seem a little overwhelming at times, but with the right guidance you’ll feel more in control and more confident of your ability to purchase your first home.

A few years ago when the housing market was on a frenzy, buying a house was sort of contagious. We kept hearing stories that people would buy a house then in 1 or 2 years later selling it to make a $100,000 profit. Why wouldn’t we want to go out and try to duplicate that? It took sheer willpower to not dive in head first into the mayhem. It was greed that made people buy and because of it those people are stuck in an upside down house either trying to modify the loan or short selling it to start over.

If you waited for the bubble to burst, you my friend are in an awesome position to own your home. Have you ever heard the term “buy low, sell high”? These are words to live by when considering any investment. Since buying your home is an investment I feel that we are arguably at the bottom of the market. Combine that with historic low rates and flexible loan programs I think it’s an opportunity that you must not let pass by.

It’s important to understand every aspect of your loan before beginning your house hunt.

It’s important to understand every aspect of your loan before beginning your house hunt. If your financing is not secured and in place you will feel lost in the process and not to mention, no seller in their right mind will ever accept an offer knowing that the financing has not been prepared.

As a brokerage, we offer every loan program that is out in the market today. From your basic FHA and Conventional to Homepath and 203k rehabilitation loans. We work with down payment assistance programs to minimize the amount of money you need to have. We understand that there are other expenses to owning a home such as furniture, landscaping, carpet, etc… and for that reason we strive to find a program that meets your unique situation.