Posts Tagged ‘buying a home’

Mortgage Advice for First Time Home Buyers

Saturday, November 10th, 2012

Everybody knows that young first-time buyers want all of the aid and mortgage advice they are able to get. The very first step into the real estate market is often perceived as the hardest one. One of the reasons why this is the case are certain perceived complexities associated with securing financing for the first home acquisition.

In addition to these complexities, there is also the issue of the down payment. As you might already now, it is not all that easy to put aside 20-30% of a property’s value. The difficulties for first home buyers can be even more especially in this fiscal environment. It is thus imperative for such buyers to be well prepared when getting in the market. This way they can maximize their chances of getting a mortgage to cover their financing needs. (more…)