Buying a house is an important decision and major investment. It’s also a step toward the American dream. Like many Americans, our heroes can be hesitant to make the leap. Many heroes often ask, “Should I buy a house in 2020?” or “When is the best time to buy a house”? It’s a great question. It’s an important question. There are many advantages to becoming a homeowner. But, if your circumstances are questionable, then it might not be the best time to buy a house. Here are some historical trends and key housing market indicators for 2020 to consider before you decide to buy a home.
Have you been considering buying a home but a less than perfect credit score, or a lack of savings for a down payment has been holding you back? In this post, Homes for Heroes explains how you can break through those issues with FHA Home Loans for teachers. The FHA Home Loan has been helping more teachers become homeowners due to its less restrictive credit score and minimal down payment requirements.
Have you been considering buying a home but a less than perfect credit score, or a lack of savings for a down payment has been holding you back? In this post, Homes for Heroes explains how you can break through those issues with FHA Home Loans for healthcare professionals. The FHA Home Loan has been helping more healthcare professionals become homeowners due to its less restrictive credit and minimal down payment requirements.
Home ownership is still a major part of the American dream for most people, and many can’t wait for the day when they stop renting and finally own their own home. But making that transition from renting to owning can be difficult, which is why some people take it quite literally, choosing to live in a rent-to-own home. A rent-to-own home offers a unique opportunity for many prospective home buyers. But that doesn’t always mean it’s a good idea. Rent-to-own agreements come with a lot of risk for both renters and sellers. Here’s a look at how rent-to-own homes work and why you may want to consider other options.
As the country attempts to slow the spread of the coronavirus by cancelling large events, closing public facilities and local businesses; we know you, our local healthcare providers, first responders and teachers are on the frontline serving the rest of us. With all of the information circulating, we wanted to create a short list of helpful coronavirus resources from trusted sources specifically for you.
In 2019, our caring community of real estate and mortgage specialists excelled toward our mission of thanking every hero in the nation! The commitment to their community heroes and the Homes for Heroes Circle of Giving was unparalleled. Collectively in 2019, Homes for Heroes and our affiliate specialists served nearly 7,700 heroes nationwide and gave back over $14.1 million to community heroes in Hero Rewards® savings. A select group went above and beyond for the heroes in their community.
The Homes for Heroes Foundation, in conjunction with Homes for Heroes local affiliate real estate and mortgage specialists, awarded $25,000 to three first responder charitable organizations who provide disaster relief funds to help first responders in need. The NVFC Volunteer Firefighter Support Fund received a $7,500 grant to assist volunteer firefighters and EMS providers. The Houston Professional Fire Fighters Association Charitable Foundation received a $5,000 grant to support firefighters in need in the Houston area. And, the FOP Disaster Relief Fund received a $12,500 grant to support their member police officers in need. These grants are part of the Homes for Heroes first responder disaster relief fund initiatives.
The Homes for Heroes Foundation awarded a $5,000 grant to the Special Forces Foundation to help support the family of fallen Master Sgt. Luis F. DeLeon-Figueroa who was killed in action on August 21, 2019 while serving during Operation Freedom’s Sentinel. Luis is survived by his fiancee and their daughter, and the Homes for Heroes Foundation grant will go toward helping them make mortgage payments and cover other expenses.
Credit reports are a historical tracking system of how you use credit. The information and data contained in credit reports is used to calculate your 3-digit credit scores. If you are planning to apply for a car loan, mortgage, or credit card, lenders will look at two things to help determine if you will follow their guidelines to pay back any money you borrow: your credit scores and credit reports.
Thanks to Homes for Heroes real estate specialist, Greg Stroud, in Tennessee who nominated AMVETS Tennessee Post 1776 to receive a $5,000 hero grant from the Homes for Heroes Foundation. The grant allowed AMVETS to provide financial assistance for Tennessee veterans and their families in dire need.