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Questions & Answers

Which are the best states for first-time homebuyers?
According to a study by GoBankingRates, the ten best states for the first-time home buyers are Rhode Island, West Virginia, New York, Mississippi, Pennsylvania, Michigan, Louisiana, Washington, Georgia, and Massachusetts. The states were ranked by GoBankingRates website based on three main factors the foreclosure rate, the first-time homebuyer sha
How can one start saving downpayment for a first home?
Since first-time homebuyers can readily get a home with a down payment of under 5%, they can save funds quickly to buy their dream home. Auto-deduction from bank accounts to save a fixed amount every month is the best way to ensure continuous savings. When this amount builds up over a few years, your down payment will be ready. Another option to sa
What qualifies one to be a first-time homebuyer?
According to the guidelines of the Federal Housing Administration (FHA), a first-time homebuyer is someone who has not owned a house in the last three years. The status of the previous houses does not matter, the three year period is what defines a first-time buyer. If you do not qualify, but your spouse does, then you can still get the benefits of
How can I verify the owner of a property?
In order to verify that someone owns the property he claims to own, your best resource is the office where the deeds are filed. You can also learn what liens are on the property and whether he has paid off his mortgage. If you'd rather not make a personal trip, call the office and see whether they offer online access to property information. If not

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Questions & Answers

Which are the best states for first-time homebuyers?
According to a study by GoBankingRates, the ten best states for the first-time home buyers are Rhode Island, West Virginia, New York, Mississippi, Pennsylvania, Michigan, Louisiana, Washington, Georgia, and Massachusetts. The states were ranked by GoBankingRates website based on three main factors the foreclosure rate, the first-time homebuyer sha
How can one start saving downpayment for a first home?
Since first-time homebuyers can readily get a home with a down payment of under 5%, they can save funds quickly to buy their dream home. Auto-deduction from bank accounts to save a fixed amount every month is the best way to ensure continuous savings. When this amount builds up over a few years, your down payment will be ready. Another option to sa
What qualifies one to be a first-time homebuyer?
According to the guidelines of the Federal Housing Administration (FHA), a first-time homebuyer is someone who has not owned a house in the last three years. The status of the previous houses does not matter, the three year period is what defines a first-time buyer. If you do not qualify, but your spouse does, then you can still get the benefits of
How can I verify the owner of a property?
In order to verify that someone owns the property he claims to own, your best resource is the office where the deeds are filed. You can also learn what liens are on the property and whether he has paid off his mortgage. If you'd rather not make a personal trip, call the office and see whether they offer online access to property information. If not

Interested in "exclusive buyer agents"

A mortgage calculator is an online tool that helps you work out your calculations before buying a house and also keep tabs on your monthly mortgage payments. Many variables are involved in a mortgage calculation, including the length of the loan, number of payments, interest rate, etc. Based on this, you can work out how your monthly loan payout ca

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