One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house, especially if you take advantage of government-backed programs or incentives. Are you eager to buy a home but aren’t sure if […]
It’s no secret that buyer demand has reached an all-time high here in the Triangle. Many first-timers have decided to make the leap towards homeownership thanks to historically low interest rates, as well as increased affordability. However, many would-be buyers aren’t quite sure how to start the process…or how much they can actually afford. If […]
True or false: if you’re buying a home, you need to have at least a 20% down payment? If you answered true, you aren’t alone—so did 62% of Americans. But in reality, that couldn’t be further from the truth—and you don’t have put off your home-buying dreams just because you can’t come up with 20% […]
It’s a huge decision, deciding to move out of your rental and move into something you can call “Home Sweet Home.” How do you know you are ready for this big step? See if the following questions can help you determine your readiness for homeownership. Is the Timing Right to Purchase a Home Now? Could […]
Saving thousands of dollars for a down payment is one of the biggest obstacles to homeownership, especially for first-time home buyers. Fortunately, you don’t need a down payment to secure the home of your dreams in the Greater Raleigh area. Thanks to the USDA Loan Program, you can quickly and easily buy your first home! In no […]
My team recently found out through Eric Smith at Wells Fargo that he has a little known program available to homebuyers through HUD PD Mortgages. We recently asked Eric to explain it to us and