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A first-time homebuyer is someone who has either never owned a home or who has not owned a home in the last several years. First-time homebuyer programs offer loans with low down payments and ...
Many help buyers with closing costs and the down payment through grants and low-interest loans. Here is our comprehensive guide to both first-time homebuyer loans and programs.
First-time buyers often face a number of obstacles to purchasing their home. With an average age of 35, according to the National Association of Realtors, first-time homebuyers are 23 years younger...
Here’s a list of some easy first-time homebuyer mistakes to make — and how to avoid them.
A first-time home buyer grant (or first home owners grant) is a grant specifically for/targeted at those buying their first home – perhaps a starter home. Like other grants, the first-time buyer does not hold an obligation to repay the grant. In this respect, it differs from a loan and does not incur debt or interest.
As a result, many first-time home buyers have found themselves strapped for cash. They put every spare penny into buying a home, only to find themselves living paycheck to paycheck.
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