SIX (6) LITTLE KNOWN FACTS THAT CAN HELP YOU BUY YOUR FIRST HOME

Offered by the Lerew Brothers Realtors/Brokers of the Wake Forest North Carolina and surrounding areas.

The problem that most renters face isn’t your ability to meet a monthly payment.

Goodness knows you must meet this monthly obligation every 30 days already.

The problem is accumulating enough capital to make a down payment on something more permanent.

But saving for this lump sum doesn’t have to be as difficult as you might think. 

Consider the following 6 important points:

1.  You can buy a home with much less down than you think. 

There are some local or federal government programs (such as 1^st time buyer programs) to help people get into the housing market.

You can qualify as a first time buyer even if your spouse has owned a home before as long as your name was not registered.

Ensure your real estate agent is informed and knowledgeable in this important area and can offer programs to help you with your options.

 2. You may be able to get your lender to help you with your down payment and closing costs.

Even if you do not have enough cash for a down-payment, if you are debt-free, and own an asset free and clear (such as a car, for example), your lending institution may be able to lend you the down-payment for your home by securing it against this asset.

More of this topic provided in the next few days.

Contact Scott Lerew, The Lerew Brothers Realtors, serving the Wake Forest, Raleigh, Wake County and surrounding

areas for buyers and sellers and their real estate needs. 

Give us a call at 800-807-0011 for more information or more special reports designed to assist Home Buyers…

More from the Lerew Brothers Realtors your local Wake Forest Area and Wake and Franklin County North Carolina

Realtors in our next excerpt of our blog designed to assist our buyer clients.