Remove Development Remove Due diligence Remove FHA loan Remove Finance
article thumbnail

First-Time Homebuyer Loans & Programs

Point2Homes

Below, we’ll review first-time homebuyer loans and programs that will give you a better deal when you purchase a house. The Federal Housing Administration (FHA) operates a program to help people who may not have the best credit history. As a first-time buyer, you have many choices when it comes to financing. CHOICERenovation.

Loans 144
article thumbnail

What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

From bidding to buying to financing to special incentives — we’re talking all things HUD homes to help you decide if this property type fits your financials and lifestyle. Department of Housing and Urban Development , a government agency first created by President Lyndon B. Source: (Jeremy Yap / Unsplash). What is HUD?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Educate your real estate clients to make a connection that lasts

Easy Agent Pro

Budgeting, credit scores, how to prepare for the buying/selling process, down payment assistance programs, appraisals, inspections and VA/FHA loan information are just a few. Develop a landing page where they can sign up and then direct mail a postcard or deliver a door hanger that lists the landing page’s URL.

article thumbnail

Things Buyers Should Know Before Purchasing a Condominium

Realty Biz

You will own the unit and share ownership of the common areas in the development. When financing your purchase, the requirements are easier, and the terms are better when buying a house. A condo development could have problems with the amenities, or there could be issues with financing. Is The Condo FHA Approved?

article thumbnail

How to Buy a Home As-Is and Make Sure You’re Protected

HomeLight

However, it’s vital to do your due diligence before buying a home as-is to protect yourself or you might just end up wasting your investment on a money pit. A seller may lack the resources or finances to complete repairs at the moment and doesn’t want to have that contingency to sell the home. Consult an insurance agent.

As-is 72
article thumbnail

How to Get a Mortgage Loan: A Step-By-Step Guide for First-Timers

HomeLight

With this information in hand, you’ll be prepared to get a mortgage loan and start your journey to homeownership. Step 1: Prepare your finances. Before you can get a mortgage, you have to have your finances in line. Step 9: Do your due diligence. Source: (Matthew Henry / Burst). with a score above 580.

Loans 85
article thumbnail

Condo vs. House: Which Is Right For You?

HomeLight

Your lifestyle, finances, and future aspirations play a significant role in determining the right fit. Get Estimate Condo vs. House: Finances and property values When contemplating the choice between a condo or a house, it’s important to grasp the financial implications of each choice. And FHA is a very popular loan product.

Finance 95