|
|
| Welcome to "Just for First Time Home Buyers" sponsored by Linda Grissette of The Best Seller GMAC Real Estate This is the most through source of information for First Time Home Buyers in St Charles County, Missouri...or anywhere in the St Louis area. Feel free to bookmark this page and come back any time you want to do some more research. Don't miss the "Steps In The Home Buying Process" lower on this page. Home Buying News! If you haven’t owned a home
in the past 3 years, then you are a “First Time Home Buyer”, according to
the Housing and Economic Recovery Act of 2008 passed Congress recently. This Act has some features
that make this the best time to buy a home. #1.
The Federal Government wants you to buy a home! #2.
Here is the bad news for those who wait to buy! After
October 1, 2008, there will be no more Down Payment Assistance Money allowed.
There is a new bill that is trying to bring it back in a limited form,
but the chances of it passing are unknown.
If you don’t have enough money for a 3% to 3.5% down payment, you could
be cut out completely from buying a home until you get the down payment. There are other factors
outside of the bill that also make this a great time to buy: #1.
Home prices in the St. Louis area have dropped to the levels of 2006 or
2005. #2.
Even though the loan qualifying standards have changed, the interest
rates are still low. If this makes you curious, contact Linda soon. She will put you in touch with a lender who can help you decide if you can buy today while the best opportunities are out there. New! Linda is now offering Home Buyer Seminars for for future home buyers (especially first time home buyers), both in St. Charles County and all of the St. Louis area. Linda is excited to offer prospective home buyers a new e-Booklet "Your Guide to Buying Your Dream Home". Get your copy TODAY. Steps in the Home Buying Process Step 1: Initial Meeting with Your Chosen Real Estate Professional The first step in buying your first home is to sit down with a real estate professional to figure out how much home you can afford and exactly what you are looking for in a home. This also is a time to learn more about the home buying process. The more you know, the easier the who process will be. more... Step 2: Viewing Homes OK, so now you know how much a lender says you can pay for a home. You know what you are looking for in a home. Now what! Now it's time to look at homes! The fun part! Actually, it can sometimes be a lot of work - especially when you can't find the perfect home. more... Step 3: Writing an offer on a home When you buy a home, you need to understand the sale contract. But don't wait until you are ready to make an offer to learn about the contract. more... Step 4: Applying for a Mortgage Loan and Loan Processing Once you have an accepted contract o a home, you will need to do a full loan application with your lender as quickly as possible. more... Step 5: Having Inspections Done on the Home When you purchase a home, it is important to have it inspected to avoid expensive problems after closing. more... Step 6: Arranging for Homeowner's Insurance What happens a month after closing and a storm topples a tree into your home? You call your homeowner's insurance agent! You did get good coverage, didn't you? more... Step 7: Making Sure the Title is OK and Getting Title Insurance OK, so you've gotten your insurance taken care of. What's this title insurance thing? more... Step: 8: Going on the Final "Walk-Thru" Worried about getting into your home after closing and discovering problems that weren't there when you first viewed the home....problems that weren't even there when your inspector looked at the home? more... Step 9: Closing Finally it's time for closing. That's easy, isn't it? The reality is that there are many things that have to happen at the last minute to make a closing happen. more... Buyer Articles Mortgage Loans, Down Payments and Closing Costs Why Work with Just One Real Estate Professional Real Estate Articles from other sites Learn how Linda Grissette works with Buyers. Services Linda Grissette Gives Home Buyers How Linda Grissette Help You Find the Best Home Possible Buyers FAQs (Frequently Asked Questions) Should You Have Your Home Inspected What You Don't Know Can Hurt You? Before You Talk to Lenders The Home Buying Process Especially for First Time Home Buyers Guide to Buying Your Dream Home How to Choose the Right Person to Help You Buy a Home How do real estate professionals get paid REALTORS® Code of EthicsLinda Grissette of The Best Seller GMAC Real Estate welcomes you to her Just for First Time Home Buyers web site. Linda serves home buyers in St Charles MO, St Peters MO, O'Fallon MO, Lake St Louis MO, Wentzville MO or Harvester MO (and other areas of St Charles County Missouri). If you are wanting to buy a St Charles MO home for sale, a St Peters MO home for sale, an O'Fallon MO home for sale, a Lake St Louis MO home for sale, a Wentzville MO home for sale or a Harvester MO home for sale, you've come to the right web site. St. Charles MO first time home buyers, St. Peters MO first time home buyers, O'Fallon MO first time home buyers, Lake St. Louis first time home buyers, Wentzville MO first time home buyers, Harvester MO first time home buyers, and St. Charles County first time home buyers will all find the help they need on this web site. Site map. Our website for St. Charles MO and St. Peters MO real estate. Our Saint Charles County Missouri web site. Find St Louis area real estate. For Sale By Owner Help Center. Sell your home next time. Linda's web site. © 2005 - 2007, L.S.G. Enterprises, Inc. |
|
