First-time homebuyers
Posted by Martin Moreno on Wednesday, December 9, 2020 at 4:37 PM
By Martin Moreno / December 9, 2020
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KEY TAKEAWAYS
- First-time homebuyers, as defined by the U.S. Department of Housing and Urban Development, can get help from state programs, tax breaks, and federally backed loans.
- Before you begin looking, consider the type of residence that will serve your needs, what you can afford, how much financing you can secure, and who will help you conduct your search.
- Buying a home involves finding the property, securing financing, making an offer, getting a home inspection, and closing on the purchase.
- Once you've moved in, it's important to maintain your home and also keep saving.
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