|A-1 House Solutions
|To eventually be able to take advantage of the
low interest rates and great deals to be had in
the housing market; here's what you need to
know before becoming a homeowner.
1. Put more money down on the home. Making a
larger down payment of 10% to 20% or more of
the homes purchase price can be a smart move.
Having a larger down payment will show lenders
that you are responsible, and may make getting
a loan easier. Also, mortgage insurance
premiums on low down payment
government-backed Federal Housing
Administration mortgages doubled from
September 2010 to April 2011, and may continue
A-1 House Solutions can show you how to build
your down payment which can help to qualify
you for a loan and possibly a better rate; and
save on Mortgage Insurance Fees.
2. Plan to stay longer. A home is not the
short-term investment it once was. A better plan
is to buy with the long term in mind. It's hard to
predict where the housing market will go, but
buying a home instead of an investment is
always a smart move.
|WE BUY HOUSES and VACANT LAND!
YOU CAN BUY OR "Rent to Own" HOMES FROM OUR INVENTORY WTH NO BANK QUALIFYING