Sentences with phrase «first time buyers expecting»

When it comes to the best way to buy a property, it seems the «Bank of Mum and Dad» remains as popular as ever, with 32 % of first time buyers expecting to receive a gift from their parents towards their house purchase, and 26 % expecting a loan.

The proportion of first time buyers expecting to need to pull in at least two of these additional means of financing rises to 70 %.

The research finds nearly half (47.5 %) of first time buyers expect to need to deploy three or more additional means of financing their first purchase — including a mix of gifts and loans from parents, grandparents or other relatives, buying with friends or siblings, various government Help to Buy support schemes and shared ownership.

Not exact matches

He expects the assistance for first - time buyers to soften the Metro Vancouver market's landing from sales and price declines triggered by Victoria's 15 % tax on foreign buyers in August and tighter federal mortgage rules introduced in October.

First - time Pittsburgh buyers can expect to pay just 11.7 % of median household income on their mortgages — the lowest level of any metro area Zillow evaluated.

The Windy City's first - time buyers can also expect to spend a mere 16.2 % of monthly income on mortgage bills, while young workers» median household incomes have risen a solid 14.3 % over the past five years.

Dampening the impact of these increases was the lower - than - expected take - up under the Home Renovation Tax Credit and First Time Home Buyers» Tax Credit ($ 0.8 billion in total).

She said she has bought many homes in need of repair, and said, «first - time home buyers, they expect everything to be perfect.

First - time home buyers should know about these trends and forecasts, especially since house values are also expected to rise.

Whether you're a first - time home buyer or a seasoned one, you can expect your mortgage lender to ask questions from five broad areas, each important to your approval.

As a first - time home buyer, therefore, it's important to have a feel for how the home buying process works, and what you should expect from your mortgage.

Based on our findings, most first - time home buyers in New York can expect a minimum rate of 4.00 % on mortgages with a purchase price of $ 240,000 — the reported median home price during 2017.

As a first time car BUYER, I was nervous and didn't know what to expect or how to deal with a car salesman.

Once I thought the deal was done and went to go pick up my car, John Gerber surprised me with an even lower interest rate and therefore lower lease term and monthly payment than I could have ever expected being a first time buyer.

Seventy five percent of first time BMW buyers are expected for the new minivan.

As a young first time buyer, I wasn't expecting my service to be all that, but I was completely wrong.

Many will be first - time luxury buyers, with a significant number expected to migrate from imports.

Likely to be badged the RS, this range - topper will be powered by a 2.0 - liter bi-turbo unit, and will take on BMW's hot Z4 M. Expect to see the new coupe in the metal for the first time at the Paris Motor Show in September, with the first lucky buyers taking delivÂery before the end of 2006.

Rather, it is the first time buyers from developing markets who are expected to lead the surge in tablet buying in 2014.

Going forward, DisplaySearch expects netbooks to continue to sell well among first - time PC buyers in emerging markets.

Of these, many are first - time buyers who never expected to be able to own their own place.

Based on our findings, most first - time home buyers in New York can expect a minimum rate of 4.00 % on mortgages with a purchase price of $ 240,000 — the reported median home price during 2017.

First - time home buyers should know about these trends and forecasts, especially since house values are also expected to rise.

I had taken a first time home buyer's class and asked many questions of the 5 realtors I went through (I had standards I expected from a realtor).

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The majority of first time home buyers, however, should expect to put down anywhere from 3 % to twenty percent of the purchase price.

As a first time home buyer I did not know what to expect, but Scott made the process smooth and was always there for any questions we ever had!

As a first - time home buyer, therefore, it's important to have a feel for how the home buying process works, and what you should expect from your mortgage.

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Whether you're a first - time home buyer or a seasoned one, you can expect your mortgage lender to ask questions from five broad areas, each important to your approval.

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Section 245 insures mortgages for first - time (and other) buyers who have moderate and low incomes — and who thus can not meet standard mortgage payments — but who expect that their income will increase substantially in the next five to ten years.

First - time home buyers with bad credit will have even more stress and steps on top of what is already expected.

Like HUD's Graduated Payment Mortgage Insurance (Section 245), Particularly helping young families, Section 245 (a) contributes to these goals by helping first - time buyers and others with limited incomes who expect their income to rise but may not yet be able to handle all of the upfront costs and monthly costs involved in home buying — to tailor their mortgage payments to their expanding incomes and to buy a home sooner than they could with regular financing.

As a first time home buyer I was very nervous about what to expect during the home inspection.

Yun adds, «Stronger job growth should eventually support higher wages, but nearly half (47 percent) of first - time buyers in this year's survey (43 percent in 2013) said the mortgage application and approval process was much more or somewhat more difficult than expected.

Due to the «continued growth in the repair and remodel market as the U.S. has experienced solid wage growth, faster home price appreciation and the reemergence of first - time home buyers,» management raised its guidance and expects same - store comps of 5.5 % for the year.

Congress voted this week to extend the tax credit for first - time home buyers, and President Barack Obama is expected to sign legislation today.

«Tightened regulations are expected to reduce the number of first - time buyers who qualify for mortgage financing, particularly in pricier markets, where there is a severe shortage of lower - priced listings.»

«Tightened regulations are expected to reduce the number of first - time buyers who qualify for mortgage financing, particularly in pricier markets, where there is a severe shortage of lower - priced listings,» explained Gregory Klump, chief economist for the Canadian Real Estate Association (CREA).

«However, the Office for Budget Responsibility has pointed out that that a boost in sales to first time buyers due to the SDLT relief may push house prices up — they expect an increase of 0.3 % in 2018.

Although this sounds like a move that will help many young people get on the property ladder, the expected axe on stamp duty for first - time buyers, is unfortunately not as simple as that.

Of these, many are first - time buyers who never expected to be able to own their own place.

As first - time buyers return to the market, typical home size is expected to trend somewhat lower.

We've even brought in a world - class inspector to do a first - time buyer class to educate agents as to what they can expect with an inspection and how to talk to clients, especially first - timers.

The first - time home buyer tax credit, which Congress in February increased to $ 8,000 from $ 7,500 and eliminated the repayment requirement, is an incentive you'd expect consumers to be clamoring about.

Hispanics are expected to account for more than 50 percent of first - time buyer activity nationwide this year, according to the report, and 25 percent of all Hispanic buyers say they prefer to work with an agent who speaks Spanish.

If you are a first - time buyer in a hot market, expect your hunt to take longer.

The survey also found that 47 percent of first - time buyers said the mortgage application and approval process was much more or somewhat more difficult than expected (an increase of four percent over last year).

«Fewer first - time buyers (40 percent) compared to a year ago (45 percent) indicated that the mortgage application and approval process was somewhat or much more difficult than they expected,» says NAR President Tom Salomone, broker / owner of Real Estate II Inc. in Coral Springs, Fla. «Those with healthy credit scores and manageable or little debt should talk to a lender to see if they qualify.