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The 3 Best Ways to Make the Most of First Time Buyer Incentives

The 3 Best Ways to Make the Most of First Time Buyer Incentives

Grab first time buyer incentives by the horns and don’t get bucked!

The 3 Best Ways to Make the Most of First Time Buyer Incentives

Being a first-time home buyer can sometimes feel like being thrown into the matador ring with an angry bull - confusing and overwhelming. If you don’t know what you’re doing, you can quickly become backed into a corner and desperate. However, if you have the courage to step up and take the bull by the horns, you could end up with a win at the end.

First time buyer programs are the easiest way to help you grab the bull by the horns, so to speak. These programs are there to make the process of finding and owning your first home more manageable. Getting an accurate idea of what might be available to you is the first, best step toward making sure you don’t miss out.

    Don’t Get Taken Advantage Of.  


Check and compare market prices. You may not be a real estate wiz, but you can do a little basic research on ballpark figures before you get started. As a first time homebuyer, this will equip you with a better idea of the playing field and what you will be looking at financially, what kind of payments you’d be making, etc. 

Figure Out Your Financial Profile.


Take a serious look at the details of your income, assets, and credit history. While you might think you qualify for some impressive buyer incentives, you won’t know until you dig into your financial past a little. 

State, Federal, and Local.  


Don’t forget that there are different levels of housing assistance available. Government backed loans are a great resource for first time buyers, and you should look into every available option.

Find more information about how to take advantage of first time buyer incentives here, and don’t miss out on what’s available to you.

Posted Jun 12, 2014 by Midland Mortgage Corporation