Posts Tagged ‘First Time Home Buyer’
Should You Wait for Rates to Drop Before You Buy?
“Should I just wait until rates come down?” I hear it from first-time buyers, move-up buyers, even friends at my son’s baseball games.” It’s a fair question. Nobody wants to lock in a payment and then watch rates fall a few months later. But most people only run half the math. They think about what…
Read MoreFirst-Time Home Buyer Mistakes I’d Avoid
I’ve funded hundreds of home loans. I still made some of the classic first-time home buyer mistakes on my own house. I’m telling you that up front because most advice about buying a home comes from people who sound like they’ve never made a mistake. I have. And the mistakes I made are the same…
Read MoreCan You Buy a House If You Co-Signed a Loan?
You did something generous. You put your name on someone else’s loan so they could get a home. Maybe it was your kid, a parent, a sibling. Now you’re ready to buy your own place, and someone told you that loan will hold you back. A lot of people hear that and stop there. They…
Read MoreDo You Really Need 20% Down?
Would you believe someone just bought a million-dollar home with about thirty thousand dollars down? Most people wouldn’t. Because most people are still doing the math on a number they picked up somewhere along the way and never questioned. If you think you need 20% down to buy a home in California, that belief…
Read MoreHow to Afford a House in Long Beach
How to Afford a House in the Long Beach Neighborhood You Actually Want You found the neighborhood. You can picture the walk to coffee, the school, the street you’d want to raise a family on. Then you look at the prices, and your stomach drops. Everything move-in ready is out of reach. So you…
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