Buying a home for the first time is exciting, but also expensive. While historically people saved 20% for their down payment, you can still get a great home and good mortgage with less, thanks to first time home buyer programs for teachers. Between grants, national funding, and different types of loans, there are home buying programs specifically for teachers to help with down payment costs.
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“First Time Home Buyer Program for Teachers | Save with Homes for Heroes”
If you’re buying or selling a house, you’re probably going to use the services and expertise of a real estate agent. Having someone on your side making some of the biggest decisions of your life can be a life saver. But do you know what you should be asking them before and during the process? Read More “Open House: 7 Questions to Ask Your Real Estate Agent”
If you have spent this summer looking to take the first or next steps in homeownership, you are well aware of how challenging it can be. The lack of houses for sale compared to the large number of home buyers has made for quite the competitive real estate market. Perhaps you have been a witness to the crazy bidding wars that have drive home purchase prices above asking prices. All these factors combined create a misperception that now is not a good time to buy a new house. Read More “Market Trends: Buying a New House”
Interest rates are at all time lows, I’m sure you’ve heard. But what exactly is an interest rate? Why does it matter if they’re low? How can you get an interest rate even lower? In this edition of Open House, I’ll address all these common questions and more as you prepare to buy or refinance a home. Read More “Open House: Guide to Interest Rates”
There are a lot of factors that are bringing more and more people into the housing market race. Lowest mortgage rates in history, the emergence of flexible work options and working from home, stimulus payments that allowed some Americans to remove debts, and a need to be closer to family. Maybe some or all of these apply to you too. But you think there’s no way you can afford to buy a house. Not on your salary, not in your state or city, not with all the items on your wish list. I’m here to tell you you’re wrong. And I know that from experience. Read More “Open House: Yes, You Can Afford To Buy A House”
A recent survey was released by Bankrate, stating that buyers remorse is currently exceptionally high in real estate. There are several factors that go into why these buyers had remorse, especially at higher rates than previous years. Some are the same reasons we hear all the time, but there are some reasons for remorse that are unique to the current real estate market. Knowing what some of the common reasons for home buyers remorse are can help you identify key things to think about and focus on in your home search to avoid having remorse yourself. Read More “Open House: How to Avoid Home Buyers’ Remorse”
We all have seen the news articles pop up on our news feeds and screens: the housing market is HOT. Interest rates are low. There aren’t enough homes for sale for the amount of buyers looking. You think, maybe it’s time to move? Plus, being stuck inside for the better part of a year or more is enough to make anyone realize you could really use more space. So, you decided to enter the housing market to sell your home. Now the question is: are you going to sell traditionally, or sell your home online?
With the rise of national websites offering to pay cash for your home, promising no showings and fast closings, it can be tempting to sell your home online to these companies. But what would you lose by doing so? Read More “Open House: Selling Your Home Online – The Real Cost of Convenience”
There are several types of home loans specifically for teachers, because we all know they deserve a chance at homeownership with the tough job they have. But did you know that there is a specific government-backed loan for teachers looking to buy a home in rural areas? A USDA home loan for teachers requires zero down payment, is designed for lower credit scores, first time home buyers, and can be used across most of the United States? It’s called a USDA Home Loan, and while it sounds too good to be true, it’s the perfect mortgage option for teachers across the country. Read More “USDA Home Loans for Teachers”
Just because you’re mentally ready to buy a house doesn’t mean that you’re financially ready. When you’re ready to buy, you don’t want to wait while you save for a down payment. While historically people saved 20% for their down payment, you can still get a great home and good mortgage with less, thanks to first time home buyer programs for educators. Between grants, national funding, and different types of loans, there is a home buying program out there for everyone. Read More “First Time Home Buyer Programs for Educators”
The Homes for Heroes Foundation has continued their Circle of Giving for the month of May with a $10,000 donation to the non-profit Operation Homefront. Operation Home Front’s mission is to build strong, stable, and secure military families so they can thrive in their communities. Read More “Homes for Heroes Foundation Donation to Operation Homefront Totals $10,000”
