Resources Buying & Selling a home
Resources Buying & Selling a home. Good schools, learning about loans and the process, current interest rates & historic tax credits are all things that can factor into the value of your home if you are trying to sell or if you are looking to purchase a home.
Look at different School Districts
Good School Districts are important whether you have kids or not. They can increase the value of a home but you also want to consider resale. Buying a home in a good School District will be more appealing when you go to sell someday. The majority of people are looking up to see if the home is in a good School District. They are looking at how close a home is to the School or if there is bus service.
Down Payment Assistance
You might just qualify for something
Take a look to see if you qualify for any assistance. You might also want to talk to your loan officer to see if they offer any assistance. Some communities also offer assistance. You will want to go to the community website to check.
Different loan types and the process
Get familiar with the different types
If you are a first-time home buyer or have not bought a home in a while it is a good idea to take a look at the different types of loans and the process so you have an idea what to expect. If you do not know a loan officer to contact we can recommend a few to contact so you can decide who you want to work with. They will let you know the type of loan that will work out best for you depending on how much you have for a down payment. You can get a loan with less than 20% down.
Take a look at current interest rates
You can look to see where the interest rates are right now. Your credit score will determine what interest rate you get. Talk to your loan officer to find out what interest rate they will offer you. They can also help you work on your credit score if you need improvement.