Congratulations! You have decided to purchase a home, or are thinking about buying one. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value. This is a great time to buy! Home ownership is more affordable than it has been since at least 1970. You can obtain $14,000 in down payment and/or renovation assistance on foreclosed properties that are at 15% below market value. Interest rates are not likely to be much lower. With FHA, your down payment can be as little as 3.5% of the purchase price and most of your closing costs and fees can be included in the loan. First time homebuyers also receive an $8,000 tax credit, and you can also amend this year’s taxes to get the credit this year. In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving. |