First Time Home Buyers

Is Buying a ‘Starter Home’ Still Smart?

When the Baby Boomer generation was venturing into adulthood, it was common to buy a “starter home” – a modest, small dwelling. As their families grew and careers advanced, they moved into bigger or better homes. Now, many people struggle to come up with the down payment for a first home. They may wonder if it’s

Do You Qualify for Treasury Down Payment Assistance?

It’s spring, and some renters’ thoughts may turn to home buying. Then reality hits: Between paying off student loans, paying rent, and keeping up with other bills, they haven’t saved for a down payment. Renters cite down payments as one of the biggest roadblocks to homeownership. So, if you’re a low- to moderate-income home shopper in

3 Common Mistakes First-Time Home Buyers Make

Everton Allen, now 28, graduated from college and was living with his parents while working as a graphic designer for the Miami Dolphins when he decided he wanted to start his own company and buy his own home. “I’d saved for a down payment over several years,” he says. “But I was worried it wouldn’t

3 Common Mistakes First-Time Home Buyers Make

Everton Allen, now 28, graduated from college and was living with his parents while working as a graphic designer for the Miami Dolphins when he decided he wanted to start his own company and buy his own home. “I’d saved for a down payment over several years,” he says. “But I was worried it wouldn’t

Planning for the Hidden Costs of Buying Your First Home

You’re excited because you just found the perfect home. The neighborhood is great, the house is charming, and the price is right. But if you’re a first-time home buyer, you might find out that the price is pretty far from perfect. If you’re shopping for your first home, additional – and often unexpected – home-buying costs should

3 Reasons to See a Homeownership Adviser

Buying a home can be confusing and emotional, especially for first-timers. It’s a huge expenditure – the largest many folks will make in their lifetime. There’s a lot of information to review and plenty of documents to sign. And, at times, it’s can become hard to tell who’s working for whom. It’s not surprising that