How To Get Grants For A Down Payment For Maryland First Time Home Buyers

How To Get Grants For A Down Payment For

Maryland First Time Home Buyers 

( Original Article Here)

Did you know that there are 2,290 down payment programs across the country waiting for home buyers to apply for funds. .and most of these remain unused  just because home buyers are unaware they even exist!

This is according an analysis recently issued by RealtyTrac, a real estate data provider, and Down Payment Resource, a purveyor of home-buyer assistance programs. 

Did you know that the average amount of down payment assistance per buyer is $11,565, according to this analysis?

The problem is, few first time home buyers don't know this type of help exists—ignoring all the money out there to help them become homeowners.

There’s a lot of missed opportunities here and we encourage you to take advantage of all these possibilities if you are buying a home in 2016.

5 Easy Ways To Save For a Down Payment 

A Down Payment Assistance  grant decreases homebuyer costs, avoids burdening the home buyer with additional debt and allows them to afford a more expensive home.

Ask Your Realtor and Your Lender

Your Realtor and lender alike need to research and understand various funding resources for your particular needs as a buyer...if they are not doing this, you need a different Realtor or Lender

Some of the major program types that you may qualify  include the following:

• Below-market interest rate loans or 100% financing
• Mortgage credit certificates that provide annual tax credits for the life of the loan
• Maryland Neighborhood Stabilization Program loans and grants designed to revitalize communities
• Maryland First Time Home Buyer Tax Discounts 

In case you have not hired a Realtor to help you in this process. .

Let us be your guide as a first time buyer homes in our area.

There are many unadvertised programs out there.. and we work in conjunction with qualified lenders that are 100% knowledgeable for all the these grants out there.
We can guide you specifically for Montgomery , Frederick and PG counties in Maryland 
We showcase the finest homes in real estate for sale today
for MD DC and VA

Click on the picture below to get started!

Maryland MLS Homes For Sale

10 HUGE FIRST TIME HOME BUYERS MISTAKES! 

http://www.reallynicehomes.com/blog/how-get-grants-down-payment-maryland-first-time-home-buyers/

When First Time Home Buyers Feel Intimidated. .

There are very few instances in ones life that is as important as buying your first home. 

You don't have to do it alone, there are real estate professionals willing to help you achieve this dream. 

Just be sure that you are motivated to be a homeowner and hire an agent whom you feel comfortable with.

Remember, when you are buying a home, the seller has their own agent representing them....you need a buyer's agent to represent your best interests when buying a home

A first time home buyer is defined as an individual, who has not had an ownership interest in a home prior and has little or no experience in the home buying process

The National Board of Realtors advice to these buyers is to take your time and not rush. There are lots of steps and you need professional help.

One of the first steps to being a first time home buyer is to get their financial house in order, your Real Estate Agent will help you make sure your credit scores are compliant with all the new mortgage lending guidelines. You need a mortgage loan and that is the first focus in the home buying process. 

You need to be aware that the actual cost of buying home is usually much higher than the cost of the home itself, as it includes taxes, interest, and closing costs etc. 

But one thing you should not pay is your own Real Estate Agent, they are paid from the commissions offered by the seller. 

In general, the purchase of any real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. 

This will assure you that you will not overpay a penny over what the house is worth. 

Your lender send a third party appraiser to make sure the sales price in your contract is exactly what the house is worth or MORE.  

What happens if the house is valued less than the purchase price previously agreed with the seller? 

In this case the lender will not fund the loan to you. If the house's value is less than what your contract with the seller says..the lender will not give you a loan and subsequently  there will be no sale. 

The seller then will have to reconsider and they have the option to drop the price to the appraised value of dispute it by using another appraiser

This is when your real estate agent comes handy...to protect your best interests and advice you accordingly. 

Dowload Your Benefit Programs for First Time Home Buyers in Maryland and see how much you can save as a First Time Home Buyer

DOWNLOAD FULL LIST HERE

Please contact us for more details 

Help For First Time Home-Buyers in Maryland

301-246-0001

Originally published http://www.reallynicehomes.com/blog/when-first-time-home-buyers-feel-intimidated/

Home Buying Tips for First Time Buyers in Maryland | FREE GRANTS!

First Time Home Buyer Education:

Are you a first-time home buyer eager and ready  to get into the market? 

Here are some steps to take to help you decide whether you're ready or not 

1. Check first what you can afford

2. Use a mortgage calculator to get an idea of what your monthly mortgage payments would be if you bought your first home today

3. Find out what your total monthly housing cost would be, you will need to include taxes and homeowners insurance..

4. Find out how much you'll likely pay in closing costs. The upfront cost when buying a  home shouldn't be overlooked 

5. Look at your budget and determine what is your Debt to Income Ratios

6. Talk to reputable Realtors in your area about your real estate needs

7. A good Realtor®  will help you  look at the big picture. While a buying a house is a huge step in your life and is a great way to build wealth.

Home Buying Tips for First Time Buyers in Maryland | Get Approved -- Seriously! from Herboso and Associates llc

Home Buying Tips for First Time Buyers in Maryland | Two Timing The Market from Herboso and Associates llc

Home Buying Tips for First Time Buyers in Maryland | Two Timing The Market from Herboso and Associates llc

Home Buying Tips for First Time Buyers in Maryland | Location Vocation from Herboso and Associates llc

Home Buying Tips for First Time Buyers in Maryland ! Don't Try To Steal it! from Herboso and Associates llc

Home Buying Tips for First Time Buyers in Maryland | Can You Afford It? from Herboso and Associates llc

What if you don't have the money for the down payment?

If your funds are low and saving for a down payment has become very difficult, you are in luck if you want to live in Maryland today

Our state government of Maryland along the county & city governments, have the funding available to help
and assist you as a first time home buyer . . . 
and purchase your first home today.
The reason why they want to help you is that they want to stimulate the economy and they have allocated lots of money to help first time home buyers in the form of cash, down payment assistance, gifts and/or credits . . all of which could decimate the money you will need to buy a home today!

What if you are having issues with your credit?

That is another obstacle that can easily be fixed if you are working with the right people that wants to make it happen..

CLICK BELOW TO GET STARTED! 

WE CAN HELP YOU NOW!

First Time Home Buyer Education

CREDIT REPAIR SERVICES | FIRST TIME HOME BUYER PROGRAMS in MD

First Time Home Buyers Grants and Programs in Maryland 

CREDIT REPAIR SERVICES | FIRST TIME HOME BUYER PROGRAMS in MD

My name  is Fernando Herboso, Broker/CEO for Maxus Realty Group. In the last few months, I have developed a team of dedicated professionals to help anyone who has the desire to become a homeowner today in Maryland.

My team can help you repair your credit or simply increase your credit scores before you can buy a home. Their help could literally save you hundreds of dollars per month on your mortgage payments.
Our credit repair program is designed to chart the course, and give you the exact steps to find the quickest way to raise your credit scores so you can buy a home in 2014

They also have full knowledge of any cash, down payment assistance, gifts and/or credits that is available for you based on your current financial status.

While some of these funds are well known to some people, there are others that are available and get very  little attention from the public..as a matter fact, even some real estate agents and  loan officers  are not even aware that some of these programs exist!

If you have a genuine desire to become a homeowner in 2014, all you have to do is raise your hand by clicking the picture below

I'm so certain that my team of professionals can help you buy a home in 2014 that:

I'm willing to give you a personal guarantee!

If my team can not help you obtain a mortgage to buy a home in 2014. . .
I will pay you five hundred dollars ($500.00) for your trouble. (call us for details) 

If you are tired of people overlooking you with indifference the second your application becomes an issue that needs lots of work. . .
This is the opportunity you have been waiting for!

Clcik on the picture below and take your first step  that will make a huge different to your financial freedom 3 -5 -10 years from now

First Time Home Buyers Grants and Programs in Maryland 

First Time Home Buyers Grants and Programs in Maryland

First Time Home Buyers Grants and Programs in Maryland 

There is absolutely no reason why anyone who has decent employment and wants to buy a home today 
. .couldn't do it.

The reason why people say buying is better than renting is simply because it is true!

You are paying a mortgage anyway!

I can assure you. You are better off paying your own mortgage that your landlord's. . 

What if you don't have the money for the down payment?

If your funds are low and saving for a down payment has become very difficult, you are in luck if you want to live in Maryland today

Our state government of Maryland along the county & city governments, have the funding available to help
and assist you as a first time home buyer . . . 
and purchase your first home today.
The reason why they want to help you is that they want to stimulate the economy and they have allocated lots of money to help first time home buyers in the form of cash, down payment assistance, gifts and/or credits . . all of which could decimate the money you will need to buy a home today!

What if you are having issues with your credit?

That is another obstacle that can easily be fixed if you are working with the right people that wants to make it happen


If you have a genuine desire to become a homeowner in 2014, all you have to do is raise your hand by clicking the picture below

I'm so certain that my team of professionals can help you buy a home in 2014 that:

I'm willing to give you a personal guarantee!

If my team can not help you obtain a mortgage to buy a home in 2014. . .
I will pay you five hundred dollars ($500.00) for your trouble. (call us for details) 

If you are tired of people overlooking you with indifference the second your application becomes an issue that needs lots of work. . .
This is the opportunity you have been waiting for!

Clcik on the picture below and take your first step  that will make a huge different to your financial freedom 3 -5 -10 years from now

First Time Home Buyers Grants and Programs in Maryland 

10 BIGGEST HOME BUYER'S MISTAKES

10 BIGGEST HOME BUYER'S MISTAKES

If you’re a first time home buyer, chances are that you are not ready for the experience.. as you’re just looking for a house that will cater to your specific needs but is a lot more!

There are many pitfalls that could end up costing you money

It’s almost improbable to step into the home-buying market for the first time and immediately buy your dream home. 

That’s why it takes a lot of preparation and with the right guidance, you will find that perfect home for you!

Watch our video version below. . 

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"The Hottest  Deals in Maryland Listings Today" 

BELOW

Let us be your  guide to a all the first time buyer homes in our area. There are many unadvertised programs out there.. 

We can guide you specifically for Montgomery , Frederick and  PG counties in Maryland 

We showcase the finest homes in  real estate for sale today

 for  MD DC and VA

Click on the picture below to get started!

10 BIGGEST HOME BUYER'S MISTAKES

YOU CAN AVOID BY WORKING WITH OUR AGENTS!