How long does it take to buy a home?
January 1, 2010 by Randy Rutan · Leave a Comment
You can spend a lot of time in the fact-gathering stage. Some of my buyers take a year or more to get their finances together while searching for homes on the internet. This actually helps the home buying process go more smoothly.
Once you have found a home and had your offer to purchase accepted by the [...]
New York offers Cash to homebuyers
January 1, 2010 by Randy Rutan · Leave a Comment
WHAT A GREAT DEAL! Effective January 1, 2010 New York State will offer buyers cash advances of up to $8,000 to buy a home. The money for the cash advance is based on the federal government’s first-time buyer tax credit. The cash advance can be used as part of the down payment or it can be [...]
Is this the RIGHT TIME to BUY?!
December 29, 2009 by Randy Rutan · Leave a Comment
This is a great time to say goodbye to your landlord and buy your first home! Home prices have dropped. Mortgage rates are low AND you can take advantage of the Federal Government’s First-Time Buyer Tax Credit!
Look what you can buy! This is a list of 15 homes on the market in the Town of [...]
Consider an FHA Loan
December 28, 2009 by Randy Rutan · Leave a Comment
A first time homebuyer is smart to explore an FHA loan. This is because this loan type takes into consideration that credit-worthy first time buyers usually have less upfront cash available to them. With an FHA loan the homebuyer only has to have a 3.5% down payment and the down payment money can come from outside [...]
CREDIT SCORES are important!
December 27, 2009 by Randy Rutan · Leave a Comment
Before you start shopping for your first home, you should check out your credit report. Thanks to the Federal Government, you are entitled to a free credit report once a year. You can get yours by going to AnnualCreditReport.com. Check the report carefully for mistakes and get them corrected if needed. The information in the [...]
