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First Time Home Buyers

Welcome > For Buyers > First Time Homebuyers ...

First-Time Homebuyer Credit 

For details on the first time homebuyer credit, go to the IRS web site.

Buying Your First Home? Real Estate Agents Are Your Professional Guides. Make Sure You Choose a Top Expert.
 

You might be a bit afraid or intimidated by the whole process of buying your first home. As a top Lake Conroe, Conroe, Willis and Montgomery real estate expert, it's my job to guide you, from beginning to end. 

I will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- A reasonable price range to base your home search. 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

- Should you consider the resale market or new construction. 

- What are the characteristics of the many neighborhoods to choose from. 

Tell me a bit about your situation below. I'll get right back to you. There is absolutely no charge, and I offer this to you with no strings attached. 

New to the home buying process? Tell me your concerns. Ask me questions. It's my job to help! There's no obligation, and I promise to get back to you quickly... 

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Real Estate Tips

Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia

Q 
How can you give your home the equivalent of sunglasses?

A 
Install low "E" squared glass filters sunlight, saves on energy costs and prevents fading of furniture, drapes and carpets.
See More Real Estate Trivia >

Claudia Hohlt, REALTORŪ, real estate agent and broker for Lake Conroe, Conroe and Montgomery, Texas home listings, property and land for sale - NUMBER1EXPERT

Claudia Hohlt
HomesPlus Real Estate Services

19755 Hwy 105 West
Montgomery, TX. 77356
Phone: 936-537-1656
Fax: 936-588-3783
Alternate: 936-582-7710
Email: claudia@claudiahohlt.com

I am a long time Montgomery County Realtor who is very familiar and committed to this area. If you are considering buying or selling, I have the experience necessary to efficiently and effectively manage the process and help you maximize value in your next real estate transaction. Helping people on the move is my business........

REALTOR GRI Equal Housing MLS


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