The Questions 1st Time Home Buyers Are Forgetting To Ask... Episode 289

The Questions 1st Time Home Buyers Are Forgetting To Ask... ...and the answers that may be game changing for them 1st Question - Do I need to put 20% down on a mortgage? Answer - No !!! Many people wait to purchase a home, thinking that they need to save 20% and while it may be a good idea for some, it simply isn't required for most 2nd Question - Are there closing costs and do I have to pay for them? Answer is yes, and then no There are definitely closing costs to purchase a home and the seller can help pay for them in most cases 3rd Question - Can we ask for repairs to be done to the home? The answer is Yes ! Even if you are using an AS IS Contract Keep in mind that while the seller may not be obligated to do any Quite of they will, as it makes sense for them to keep the sale moving forward Bonus Question - Is Down Payment Assistance Available? In many cases the answer is yes most often these programs are offered in the county where the property is located there are requirements to qualify and you should do your own due dilgence Tune in to today's show for all of the details

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