Valuable tips for 1st-time homebuyers
Sunday, September 6, 2009
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The recent slowdown in the residential housing market has provided new buying opportunities through more affordable prices, especially for first-time homebuyers. Before embarking on a real estate hunt however, pick up a few insights on buying a first home. A variety of Web sites offer a wide range of advice for anyone looking to purchase:
• bankrate.com
www.bankrate.com/brm/news/real-estate/BuyerGuide2004/fthb-tips.asp
Has nine-step approach to buying a home for the first time.
• Home Loan Learning Center
www.homebuyinginstitute.com/assessment.phpl
Explores making a self-assessment before setting out to buy a home.
• National Association of Realtors
www.realtor.org/library/library/fg209
Offers an array of links to various first-time home-buying topics.
• Realestateabc.com
www.realestateabc.com/insights/first-time-home-buyers.htm
Discusses key considerations for first time home buyers.
• U.S Department of Housing and Urban Development
www.hud.gov/offices/hsg/sfh/buying/buyhm.cfm
100 questions and answers related to buying a new home.
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Before you shop for a new home, one of the first things you need to determine is which homes are in your price range.
Use our amortization calculator to determine what your monthly payments will be: