Making the decision to become a first time home buyer is complex. Or, if you’re looking to purchase your next house, sometimes it’s hard to know where to start. A good first step is answering the question: How much house can I afford?
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 2019?” 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 be best to wait. Here are some historical trends and key housing market indicators for 2019 to consider before you decide to buy a home.
Teachers work incredibly hard to make the future bright for our children. They deserve a great home to call their own. Homes for Heroes is a teacher home buying program with the largest nationwide network of qualified real estate, mortgage, title and home inspection specialists; committed to saving teachers time and money when buying a house.
This program is meant for all teachers, past or present, currently teaching or retired. Whether this is your fifth home purchase, or you’re a teacher first time home buyer, you will save time and money. Here’s why a teacher home buying program like Homes for Heroes may make sense for you.
When it comes to buying a house, it helps to understand exactly what you can afford — and that starts by understanding the costs of buying a house. Your mortgage payment will be the biggest recurring payment on your home. But, there are four other primary costs of buying a house that you need to know about. Here’s a breakdown of the four other costs and how working with Homes for Heroes to buy a home can decrease or eliminate some of these costs.
The costs to purchase a home can add up quickly. It is good to know what home closing costs you may need to pay, as you prepare for your home purchase and the closing process, so we assembled this list of potential home closing costs. It’s not likely your loan will include all of these costs and some may not apply to your particular circumstance due to your location, your service providers, and the type of loan you choose.
If you are not currently working with a mortgage lender, and would like cost estimates for your situation, we recommend you speak with a mortgage professional. Sign up with Homes for Heroes and we will connect you with our local specialists who can provide you with more accurate information because they serve within your community, and they will save you money.
If you’re not ready to speak with someone, we get it. Here’s the list of potential home closing costs to reference:
Location, location, location. It’s the first rule of real estate and it’s usually the first thing people consider when looking to buy a home. Next might come the square footage, the number of bedrooms and bathrooms and so on. While these are all important factors, they don’t tell the whole story of your potential new home. Even homes in the best neighborhoods can come with tons of hidden — and often costly — maintenance issues. Yes, you’ll have a home inspection to help catch anything that doesn’t meet standards, but that comes at the end of the home buying process. Here is what to look for when buying a home.
When most people think of beginning the home buying or selling process, it tends to begin during the spring season. However, we know people relocate for many seen and unforeseen reasons, and they may need to buy or sell a home during the winter season. There are some things to consider when buying or selling a home in the winter. It can present challenges, so here are some tips on how to get it done and save money with Hero Rewards®.
The holidays can be a difficult time of year for military families who have loved ones deployed overseas or stationed on a base across the country. Military members who are fortunate enough to come home for the holidays often stay with family, while others may spend the holidays in rental housing near base. Many military members dream of owning a home and starting their own traditions, and Homes for Heroes is here to help you do just that. With our Hero Rewards®, military members can receive valuable savings to make the dream of homeownership and holiday joy come true.
Homes for Heroes wants to thank every military member for their service. That’s why we provide military discounts on homes, whether you’re buying, selling or refinancing. We also look to maximize the money you save by leveraging other benefits. For example, in addition to the military discounts on homes we provide, you can also take advantage of your VA home loan benefits. You qualify for the military discounts Homes for Heroes provides if you are an active military, reserve or veteran member of any branch of the armed forces. Here’s how we do it.
If you wanted to buy a home, and someone said to you, “We will help you find the home you want, and when we’re done, we will mail you a hero savings check in the amount of $2,000 simply because you serve the community,” would you believe them?
It’s no joke. Homes for Heroes has done this nationwide for tens-of-thousands of heroes like you. It’s what we do and we do it well. Here’s a look at our process and how easy we make it to get your hero savings.