Buying a Home

Thinking about buying a home? We have information that can help! Got questions? Call our offices today! 904-567-3430

According to the US Department of Housing and Urban Development (HUD) here are a few things you should know before you buy a home:

1. Figure out how much you can afford

What you can afford depends on your income, credit rating, current monthly expenses, downpayment and the interest rate.

• Home Economics

• Homebuying programs in your state

2. Know your rights

• Fair Housing: Equal Opportunity for All- brochure
• Real Estate Settlement Procedures Act (RESPA)
• Borrower's rights
• Predatory lending

3. Shop for a loan

• Looking for the best mortgage: shop, compare, negotiate - brochure
• Let FHA help you
• Learn about interest only loans
• Avoid Predatory Lenders

4. Learn about home buying programs

• Homebuying programs in your state
• Let FHA help you (FHA loan programs offer lower downpayments and are a good option for first-time homebuyers!)
• HUD's special homebuying programs
  • Good Neighbor Next Door(formerly known as Teacher/Officer/Firefighter Next Door)
  • Homeownership for public housing residents
  • Indian Home Loan Guarantee Program(Section 184)

5. Shop for a home

• Wish list - what features do you want?
• Home-shopping checklist? take this list with you when comparing homes
• Homes for sale(including HUD homes)
• "Fixer-Uppers - home purchase and repair programs
• Manufactured (mobile) homes
• Build a home
• Shopping for a Home FAQ’s

6. Make an offer

• Making an offer

7. Get a home inspection

• For Your Protection Get a Home Inspection
• 10 Questions to ask a home inspector

8. Shop for homeowners insurance

• Homeowners insurance
• 12 ways to lower your homeowners insurance costs

9. Sign papers

You're finally ready to go to "settlement" or "closing." Be sure to read everything before you sign!

• Settlement Costs and Helpful Information