We have the information you need, like asking the experts, financial advice, information about your credit and being a first time homebuyer.We also have all the information you want to know about mortgage and foreclosure advice.
A Step by Step Guide to Homebuying
Below is a basic guide to buying a home. The first and most important step you can take is to thoroughly read the information and tips we have provided; then gather your questions and send us an email - we'll help you find the answers you need.
1. Make a Wish List
2. Do you need a Realtor?
3. Get Qualified and Pre-Approved
4. Learn the Mortgage Loan Products
5. Research Schools & Communities
6. Start Shopping - New or Resale?
7. Making it through the loan process
8. Shop for Homeowners Insurance
9. Before you Sign or Close - look out for...
10. Understand the Lingo - Where can you go for help...
New home vs Used Home
10 Reasons Why New is Better
1. Everything in your new home is new, so there are no worries about expensive repairs such as the roof, foundation, etc. New homes come with a builder warranty, and there are also usually warranties for new appliances and systems (such as air conditioning). With a used home, "prepare to repair," as the old saying goes. This is especially true if your inspector doesn't catch every problem, or if the previous owner has tried to hide faults.
2. Most homebuilders can help buyers with down payments and closing costs. Builders can also help buyers repair their credit and find affordable financing.
3.Today's new homes have the latest energy-saving features, including insulation, double-paned windows and high-efficiency air conditioners. They use much less energy than older homes, and that can mean big savings on utility bills for your new home in Houston, Texas.
4. You can personalize a new home to your family's tastes and needs. You get to choose your paint color, carpet, cabinets, etc. In many cases, you can customize the floor plan by adding an extra bedroom or bathroom.
5. You know who built your home. You can check out a builder's reputation before choosing that company. New homes must adhere to local building codes and regulations, so they are safer and better built. For example, they have modern electrical systems. They also must meet the strict criteria imposed by today's mortgage companies. This can result in lower insurance rates.
6. In a new home, you can usually include the costs of upgrades (such as adding an extra bathroom), into the primary mortgage loan, which has the best interest rate. With a used home, costs for remodeling or added features must be paid in cash, or with a second loan at a higher interest rate.
http://casanuevaguide.com/index.php?option=com_content&view=section&id=16&Itemid=2
A Step by Step Guide to Homebuying
Below is a basic guide to buying a home. The first and most important step you can take is to thoroughly read the information and tips we have provided; then gather your questions and send us an email - we'll help you find the answers you need.
1. Make a Wish List
2. Do you need a Realtor?
3. Get Qualified and Pre-Approved
4. Learn the Mortgage Loan Products
5. Research Schools & Communities
6. Start Shopping - New or Resale?
7. Making it through the loan process
8. Shop for Homeowners Insurance
9. Before you Sign or Close - look out for...
10. Understand the Lingo - Where can you go for help...
New home vs Used Home
10 Reasons Why New is Better
1. Everything in your new home is new, so there are no worries about expensive repairs such as the roof, foundation, etc. New homes come with a builder warranty, and there are also usually warranties for new appliances and systems (such as air conditioning). With a used home, "prepare to repair," as the old saying goes. This is especially true if your inspector doesn't catch every problem, or if the previous owner has tried to hide faults.
2. Most homebuilders can help buyers with down payments and closing costs. Builders can also help buyers repair their credit and find affordable financing.
3.Today's new homes have the latest energy-saving features, including insulation, double-paned windows and high-efficiency air conditioners. They use much less energy than older homes, and that can mean big savings on utility bills for your new home in Houston, Texas.
4. You can personalize a new home to your family's tastes and needs. You get to choose your paint color, carpet, cabinets, etc. In many cases, you can customize the floor plan by adding an extra bedroom or bathroom.
5. You know who built your home. You can check out a builder's reputation before choosing that company. New homes must adhere to local building codes and regulations, so they are safer and better built. For example, they have modern electrical systems. They also must meet the strict criteria imposed by today's mortgage companies. This can result in lower insurance rates.
6. In a new home, you can usually include the costs of upgrades (such as adding an extra bathroom), into the primary mortgage loan, which has the best interest rate. With a used home, costs for remodeling or added features must be paid in cash, or with a second loan at a higher interest rate.
http://casanuevaguide.com/index.php?option=com_content&view=section&id=16&Itemid=2
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