RE/MAX On the Move | Insight | Advantage



Posted by RE/MAX On the Move | Insight | Advantage on 7/19/2018

Making the decision to buy your first home is a big step. One of the most uncertain parts thatís involved in buying a home is that of securing a first-time mortgage. Youíll need to know what types of programs exist to help you on your journey to homeownership. Even if you have owned a home in the past but are now renting your home, you may be eligible for first-time mortgage benefits. 


The first thing you should do is understand your options for getting a mortgage. The Department of Housing and Urban Development often provides you with agents to help you see whether you will, in fact, qualify for a first time mortgage and all the benefits that go along with it. They may also help you to see exactly what programs will work best for you. You can find agencies in your specific area on the HUD website. 


Each state and local municipality have its own resources for those seeking to buy a home as well. These programs may get more specific, helping low-income earners, first-time home buyers and people with disabilities. Of course, youíll need to meet certain eligibility requirements before qualifying for the programs. Your state and local housing offices are other great places to start when youíre searching for benefits for first-time home buyers.   


Save, Save, Save! 


Even before you think you might be ready to buy a home, you need to start saving. Youíll need a significant down payment, especially if youíre hoping to avoid private mortgage insurance or PMI. If you canít swing a 20% down payment, thereís good news: First-time home buyers are eligible for loans that require a lower down payment- as little as 3%! 


Youíll also need a significant amount of savings to pay upfront for closing costs. These fees can come in somewhere between 3 and 4% of the purchase price of the home. It wonít be very pleasant if your bank account is completely empty by the time you reach the closing table. This is why itís a wise idea to save long before you even think you might want to buy a home.      



Look At Your Finances


In the same light of saving money, youíll want to keep your financial health in check in order to prepare to secure your first mortgage. First, check your credit score and see where you stand. You can take the time to dispute any discrepancies you may find on your report. Then, start paying off any credit card balances that you may have. Remember that the higher your credit score is, the better your chances are of securing a mortgage and being approved for a first-time home buyer program.





Posted by RE/MAX On the Move | Insight | Advantage on 7/18/2018


231 High Street, Somersworth, NH 03878

Multi-Family

$359,000
Price

5
Total Units
Solid 5 unit on 2.15 acres in a great location with plenty of parking and all utilities are separate except water and sewer! This property will give you a great return on your investment. There are two, three bedroom apartments and one is approx 2,000 sf, two, two bedroom apartments and one, one bedroom. The property has a very solid rental history and is located in a very convenient location for most tenants. The large lot allows for plenty of parking and a big back yard. Most of the tenants have lived here a long time and would like to stay. This is a good one so come take a look!
Open House
No scheduled Open Houses






Categories: New Homes  


Posted by RE/MAX On the Move | Insight | Advantage on 7/18/2018


86 Oxford Ave, Haverhill, MA 01835

Bradford

Single-Family

$510,000
Price

7
Rooms
4
Beds
3/1
Full/Half Baths
Your search stops here! This gorgeous 3-4 bedroom, 3.5 bath Bradford colonial is everything you have been looking for! This open concept home was built for entertaining, and you will be wowed by its unique floor plan, and attention to detail. Main level offers gleaming hardwood and marble floors, an open kitchen design with breakfast bar, dining area, and living room, complete with gas fireplace and built-ins over the mantel. Step out of the french doors onto the new composite deck with retractable awning to enjoy the fenced-in backyard. Second floor boasts an amazing master suite with huge walk-in closet and master bath, 2nd floor laundry, and two bedrooms with ample closets. Multi-purpose finished basement can be used as an additional bedroom suite, or family room. Additional features include an irrigation system, backup generator, and alarm system. Work in the city? This home is less than 5 minutes to the highway, and 10 minutes to the commuter rail and downtown Haverhill.
Open House
Sunday
July 22 at 11:00 AM to 1:00 PM
Cannot make the Open Houses?
Location: 86 Oxford Ave, Haverhill, MA 01835    Get Directions

Similar Properties





Categories: New Homes  


Posted by RE/MAX On the Move | Insight | Advantage on 7/18/2018


86 Oxford Ave, Haverhill, MA 01835

Bradford

Single-Family

$510,000
Price

7
Rooms
4
Beds
3/1
Full/Half Baths
Your search stops here! This gorgeous 3-4 bedroom, 3.5 bath Bradford colonial is everything you have been looking for! This open concept home was built for entertaining, and you will be wowed by its unique floor plan, and attention to detail. Main level offers gleaming hardwood and marble floors, an open kitchen design with breakfast bar, dining area, and living room, complete with gas fireplace and built-ins over the mantel. Step out of the french doors onto the new composite deck with retractable awning to enjoy the fenced-in backyard. Second floor boasts an amazing master suite with huge walk-in closet and master bath, 2nd floor laundry, and two bedrooms with ample closets. Multi-purpose finished basement can be used as an additional bedroom suite, or family room. Additional features include an irrigation system, backup generator, and alarm system. Work in the city? This home is less than 5 minutes to the highway, and 10 minutes to the commuter rail and downtown Haverhill.
Open House
Sunday
July 22 at 11:00 AM to 1:00 PM
Cannot make the Open Houses?
Location: 86 Oxford Ave, Haverhill, MA 01835    Get Directions

Similar Properties





Categories: Open House  


Posted by RE/MAX On the Move | Insight | Advantage on 7/18/2018


14 Johnson Avenue, Hampton, NH 03842

Condo

$234,900
Price

2
Bedrooms
4
Rooms
1
Baths
Adorable open concept year-round 2 bedroom, 1 bath home! Newly renovated with many updates, including new maintenance-free composite deck and vinyl railings, exterior and interior doors, insulation, walls, crown molding, flooring, vapor barrier, kitchen appliances, quartz countertops, bathroom fixtures, toilet, sink, shower, kitchen fixtures, lighting fixtures, electrical outlets, smoke detectors, freshly painted kitchen cabinets. All this and just one block to the sandy beach! Located on a dead end street with breathtaking views of the Hampton River from the covered front deck/porch. 2 off-street parking spaces and a small $40 per month fee to cover the Master Insurance make this an affordable beach getaway or year round living!
Open House
Saturday
July 21 at 12:00 PM to 2:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 14 Johnson Avenue, Hampton, NH 03842    Get Directions






Tags: Hampton   Real Estate   Open House   Condo   03842  
Categories: Open House  




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