Articles Tagged With: Home

May 17, 2021

What First-Time Home Buyers Need To Know

By Bruce Reichstein

Some people aren’t sure if they are considered first-time home buyers or not, and in some cases it definitely makes a difference. Some people don’t realize they are considered first time home buyers even though they owned property in the past. It is important to know your status as a buyer as those eligible for first-time buyer status in local communities may qualify for down payment help on their FHA mortgages. What does it take to be considered a first-time home buyer? What are the advantages?  There is a persistent myth about FHA home loans that fools some people from considering FHA loans as an option. But if you have owned property in the past, depending on how far back in the past that home ownership goes, you may qualify | more...