If you started your down payment savings with your tax refund check this year, how close would you be to a 3% down payment?
Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals; for anyone looking to buy a home in 2018, this can be a great jump start toward a down payment!
Many first-time buyers believe that a 20% down payment is required to qualify for a mortgage. Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%, with Veterans Affairs Loans allowing many veterans to purchase a home with 0% down.
Author:Lynda Western Phone: 602-919-0857 Dated: February 28th 2018 Views: 77 About Lynda: A family oriented person, Lynda has a passion for helping people in unfortunate situations. An Ariz...
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The partners of Re/Max Preferred Choice specialize in both the purchase and sale of residential and commercial real estate, as well as providing property management services. We have been in business since 1996 and have a long history of providing exceptional customer service to our agents.
Are you struggling to understand the new tax law and how it will
"Justin Schlegel was referred to me by my Dad. When I asked my dad how he found Justin, he said "he was walking around the neighborhood handing out business cards. You just don't see that kind of hustle from most Realtors®." My parents were selling their home and were extremely impressed with how Justin handled the process.
Justin has since helped my sister sell her home, and helped find my parents a rental also. So, needless to say, when my wife and I were looking for our first home, he was the natural choice. I really like to research as much as I can before making a decision, especially one this important. I actually interviewed about 3 Realtors® before I met with Justin. They always say "everyone and their mom knows a Realtor®" but the problem is, everyone's mom isn't always a good Realtor®. I really wanted to make a well researched purchase, and do my due diligence before making a decision on what Realtor® we trusted our savings and first home purchase with. When I met with Justin I was blown away by his knowledge of the market and the home buying process. He really knew all of the details, and how to use those "tricks of the trade" in our favor.
I was sure my wife and I were not going to be the easiest couple to find a house for. Like most first time home buyers, we wanted a lot more home than we could reasonably afford, and we were up against a hard deadline. Justin was AMAZING! He was able to help us navigate buying our first home flawlessly. We looked through a ton of homes in our price range and Justin was extremely patient with us. Justin was able to find us a beautiful home that checked all of the boxes, really putting in the extra effort. He has continued to impress all of us in my family. We eagerly and confidently recommend him to all of our friends and family.
Anthony & Brittany in Phoenix, on behalf of Justin Schlegel