Sentences with phrase «homebuyers often»

(TNS)-- First - time homebuyers often learn the hard way that making a wrong turn during this process is costly and stressful.
It's one of the questions that we hear most often and something to which first - time homebuyers often spend months, if not years, trying to figure out the answer.
TL; DR While first - time homebuyers often get home warranties and home insurance confused, the reality is that it's not an either / or situation.
First - time homebuyers often struggle with the idea of a «starter home» — a place that's good enough for now, but not necessarily where you could see yourself living for decades to come.
First - time homebuyers often make the mistake of becoming enamored with special features of a home, even if they are impractical or out of the range of what can be afforded.
Homebuyers often neglect to examine the windows, and assume they're a cosmetic feature.
As mentioned before, homebuyers often have meager imaginations, and if your closets are completely full of clothes, linens, and other items, they're apt to think the closets are inadequate.
Homebuyers often pay for title insurance, so it's in their interest to shop around for it.
ROCKY HILL, CONN. — Homebuyers often see the requirement for flood insurance as a cost with little benefit.
But homebuyers often overlook this because of another factor: Cost.
Restrictive covenants were popular for only a short time, but even now, homebuyers often find a notation of a racially restrictive covenant on their deeds, although the contracts were outlawed in 1948 in the Supreme Court case of Shelley v. Kramer.
First - time homebuyers often benefit from the FHA loan's lower down payment requirements.
Prospective homebuyers often get a crash course in credit scores.
First - time homebuyers often encounter new terms and concepts during the purchasing process.
Prospective homebuyers often get a crash course in credit scores, which reflect your willingness and ability to repay debt.
Mortgages that cater to first - time homebuyers often offer a low down payment and other favorable terms.
Although first time homebuyers often take advantage of FHA home loans, the Federal Housing Administration is not solely limited to this category of borrower.
These are things that first - time homebuyers often don't factor into the equation until late in the process — a common mistake.
That being said, lenders say first - time homebuyers often delay approval by failing to gather the required financial documents ahead of applying for the mortgage.
In today's mortgage marketplace, prospective homebuyers often struggle to come up with the minimum 20 % down payment.

Not exact matches

Homebuyers applying for ARMs will need to find out how often their interest rates will change.
First - time homebuyer loans are offered by mortgage lenders — such as banks or credit unions — and are often backed by the government.
Together, these requirements create a triple whammy for some first - time homebuyers who often have smaller down payments, higher debt obligations — such as student loans — and traditionally lower credit scores than more seasoned buyers.
King says too often homebuyers are fazed by a home's aesthetics, rather that its structural integrity.
Some homebuyers are intimidated by foreclosed and bank - owned homes because they often require more renovations — and a different type of negotiation — than other options on the market.
First - time homebuyers are often surprised that qualifying for a mortgage is much more difficult than qualifying for other types of loans.
Jumbo loans are often attractive to homebuyers with more (or more complex) sources of income.
When the process is complete, the homes are often in serious disrepair, making it impossible for many of the potential homebuyers to invest the time and money it would take to repair.
Those who can easily qualify for financing and deftly navigate real estate markets often lose sight of the passion that fuels first - time homebuyers.
Saving for a down payment is often the biggest hurdle for a first - time homebuyer.
Like many first - time homebuyers, the Stoodleys had a condition of pending finance approval, something they weren't comfortable removing even though in this market that one condition often meant the difference between getting a house and losing one.
Prospective homebuyers with poor credit scores often face challenges when shopping for mortgages.
ARMs are often attractive to homebuyers because they usually begin with lower interest rates and payments than fixed rate mortgages.
First - time homebuyers are often surprised that qualifying for a mortgage is much more difficult than qualifying for other types of loans.
Adjustable rate mortgages are often used by homebuyers who plan to sell their home or refinance before the initial period of fixed rates ends.
Having realistic expectations when it comes to the neighborhood and type of home you can afford is often an eye opening experience as any new homebuyer can attest.
In the case of homebuyers seeking a mortgage with H1B visa status, too often this is the
Being a first time homebuyer has immense benefits but can often be a little intimidating if you are just starting out.
Questions around who's really entitled to the rebate, how it's calculated and «am I susceptible to having to pay it back» are often high up new homebuyer's minds.
The purpose of the Federal Housing Administration is «to help creditworthy low - income and first - time homebuyers, individuals and families often denied traditional credit, to obtain a mortgage and purchase a home.»
New homebuyers in particular often have a lot of questions about down payments, so we've gathered these tips to help you make your Jacksonville -LSB-...]
These likely homebuyers are often not in a position that would warrant them being able meet the many upfront and monthly costs that are involved.
If you're a first - time homebuyer, you're probably going to run into something called mortgage insurance, often referred to as PMI.Read more about PMI.
A number of first time homebuyers are often shocked when they see the total cost of their home purchase, including the additional expenses, on closing day.
Initial rates for ARMs are often relatively low, which appeals to many homebuyers.
One of the challenges for first - time homebuyers is that they often don't think about insurance until the last minute, and then they don't have time to do the research.
The highs and lows of the homebuying process are often amplified for first - time homebuyers.
First - time homebuyers who have RRSPs often look to supplement their down payment by taking advantage of the RRSP Home Buyer's Plan.
Potential homebuyers who can't quite pony up the traditional 20 % down payment have often had FHA loans as an alternative.
Then, once that initial low - interest rate period was over, homebuyers were faced with more difficult interest rates and often defaulted on their loans.
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