Tag: first time homebuyers

FAQ for First-Time Homebuyers

Purchasing your first home is a huge financial undertaking, but it doesn’t have to be a daunting task. Whether you are in the market for a new home or simply interested in learning more about the home buying process, we’re here to answer any questions you may have. To help, here are eight commonly asked questions for first-time homebuyers: 1….

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Pre-Approval FAQs for First Time Homebuyers

 What is pre-approval? It’s a document given by your home lender certifying that you are qualified for a certain loan amount. Loan type, interest rate and loan-to-value ratio are also included. Why do I need to have a pre-approval? You need it so you’ll know how much house you can afford. If you know your price range, you can focus…

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HUD-Approved HomeBuyer Counseling Agencies in Tampa Bay

If you want to avail of Florida Housing Finance Corp.’s mortgage loan and down payment assistance programs, you need to attend home buyer education classes and get a certificate of completion that you will submit to your lender. Here listed below are homebuyer counseling agencies approved by the U.S. Department of Housing and Urban Development (HUD) to provide pre-purchase counseling and…

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List of Lenders for Florida Mortgage and Down Payment Assistance Programs

Are you a first time homebuyer looking for down payment and closing cost assistance? Or if not a first time buyer, are you a veteran? Or are  you open to buying a home in a federally designated targeted area (FDTA)? Here’s a helpful list of Tampa Bay lenders for you. These lenders are participants in the Florida Housing Finance Corp.’s…

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Low Home Prices — Bonanza for First Time Home Buyers and Investors

While low home prices are a bane to sellers, builders and homeowners, these deeply discounted prices represent blessings to first time home buyers, young buyers and investors. First time home buyers have been receiving windfalls since 2009 when the tax credit incentive program was implemented to encourage them to buy. Aside from this incentive, a number of them also enjoyed…

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Four Costliest Mistakes by First-Time Homebuyers

Are you considering buying your first home? Then take a look at the costliest and most common mistakes committed by first-time homebuyers so you can take steps to avoid them. You want to make sure you are choosing the right home for you and your family. 1. Not Knowing Your Budget for a Home If you’re shopping for a home…

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