first-year  clipping Home admiters  Sarah Corbett  Rasmussen College    Arthur Note  This essay is being submitted to Cregg McKinney for B234/BUL2241  contribution 10 Business Law on December 8, 2012.    First Time Homeowners Questions  When you  ar a first time homeowner you  mystify a  portion out of questions, here are  some of the  gross questions and there answers.  Why should I buy, instead of  learn? fountainhead a home is an investment. When you rent, you write your monthly  tink and that  bills is g nonpareil forever. But when you own your home, you  squirt   start out the monetary  grade of your mortgage loan  spare-time activity from your  federal income taxes, and usually from your  enounce taxes. This will save you a lot each year, beca intent the interest you pay will make up most of your monthly payment for most of the years of your mortgage. You can also deduct the property taxes you pay as a homeowner. In addition, the  encourage of your home may go up over the year   s. Finally, youll  savor having something thats all yours, a home where your own personal  modality will tell the world who you are.  What are HUD homes, and are they a  cracking deal? HUD homes can be a  truly good deal. When someone with a HUD  assure mortgage cant  attend the payments, the  loaner forecloses on the home, HUD then pays the lender what is owed and HUD takes ownership of the home.

  then we sell it at market value as  quickly as possible.   Are there  excess homeownership grants or programs for  oneness parents? Yes there is help available, start by becoming  old(prenominal) with the home buying proces   s and pick a good  real number estate broker!   . Although as a single parent, you wont  stand the benefit of two incomes on which to  set apart for a loan,  suppose getting pre-qualified, so that when you find a house you  same in your price range you wont  gestate the delay of  seek to get qualified. Contact one of the HUD-funded  trapping counseling agencies in your area to talk through  opposite options for help that  mogul be available to you.   Should I use a real estate broker? How do I find one? Using a...If you want to get a full essay,  raise it on our website: 
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