Build your dream wood house
 

Welcome to our log house Archive. Have fun browsing!

 

Article #135: First Time Home Buyers - New Financing

(Browse for more articles)

 
40 Year Mortgages are on the way, are sectors (a lot of job market sectors)
they right for you? Some mortgage real income has gone down and that
companies are now offering a 40 year effects your ability to pay your mortgage
mortgage. For the first time home buyers with the increases and every other thing
and move up buyers this could be just including food.
what you need to get into the house of *The average home owner moves every 5 - 6
your dreams. Some things to consider on years. This next home purchase will in
your next home purchase. all likelihood not be your last. As your
* Folks can remember when their parents situation changes it will be time to move
told them not to sign that 20 year to the next bigger home in a nicer
mortgage because they had a 10 or 15 year neighborhood and then again and again
mortgage and that was long enough for until it's time to stop or trade down.
anyone. Then along came the 25 year Take your time your first house won't be
mortgage and then the 30 year mortgage. your last house unless you stretch to far
All came about because the increasing away from a real livable budget and fall
home prices and it allowed you to buy into foreclosure.
more home for your money. The same is The new fixed rate mortgage of 40 years
happening with the 40 year mortgages. can be just what's needed to help
* During the past few years it has been families with the high cost of housing.
the buy down rates that have helped This may help the hard working people who
families stretch to their new home and can not afford to live in the town in
low down or no down loans. On close which they work.
inspection I think you will find that Bill Carey with over 30 years in real
these programs were not the best for estate sales, investments, and home
everyone including the mortgage companies building offers a unique perspective to
and banks. the buying and selling process of
* Buying a home with a loan which has residential real estate for F*R*E*E
incremental increases in the interest consumer information and reports log on
rate may not seem to be a bad deal when to and see
the buyers qualify at the lower interest "Insider Real Estate Secrets Revealed"
rate. But what about when the rates go up ...a must-read for Home-Owners and
each year and they are totally Renters!
unqualified three years later for the It's a F*R*E*E 12-lesson e-course
higher rate, who does it help. Not the covering more than 20 topics exposing the
home buyer. Check out the foreclosures in realities behind buying and selling a
your area you may find that a good amount home.
of them are homes sold in the last 5 It Could Make(or Save) You Thousands of
years. Dollars
*New home buyers consider this it may be See and sign up for our monthly
best for you to stay within a real budget e-newsletter with tips for buyers,
and not gamble on future pay raises, sellers, home owners and soon to be home
promotions or appreciation. We have seen owners.
and economists will tell us that in some






1 - A - B - C - D - E - F - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14 - 15 - 16 - 17 - 18 - 19 - 20 - 21 - 22 - 23 - 24 - 25 - 26 - 27 - 28 - 29 - 30 - 31 - 32 - 33 - 34 - 35 - 36 - 37 - 38 - 39 - 40 - 41 - 42 - 43 - 44 - 45 - 46 - 47 - 48 - 49 - 50 -