Tag: first-time homebuyer
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Which Is the Better Starter Home: House or Condo?
You’re shopping around for a home of your own, in an area where houses cost close to half a million dollars. Along the way, you’ve found a nice-looking condo complex, with available units from $260K. You could buy a condo now, build home equity, then make a larger down payment on a house later on.…
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Looking for a Path to Homeownership? Look Again at Down Payment Assistance.
The typical person can’t afford the typical home. As property values keep rising, down payments aren’t getting any easier to make. If you know the feeling, have you looked up down payment assistance? It can be a grant, with no repayment requirement. Or it could be a loan — possibly a forgivable loan. Even if…
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Looking for a Way to Finally Own Your Home? Ohio Wants to Help.
Could your new home be in Cleveland? Cincinnati? Columbus or Dayton? You name it. If you’d love to hold the deed to an Ohio home, and wonder how on Earth you could pull it off, learn about the help currently available from the state. These opportunities help people with their down payments or closing costs,…
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Do I Have to Pay Off My Student Loans Before Buying a Home?
This month, 150,000+ people received emails that say some of their student loan debt will be forgiven. The latest $1.2 billion worth of debt forgiveness is a ray of sunshine for many potential first-time homebuyers. It impacts a person’s access to mortgage loans, and therefore the ability to acquire property deeds. But what about the…
