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Tips for First-Time Home Buyers

7 Tips for First time home buyers | Down Payment & Closing Costs. There are tips for first time home buyers that will help you get started on the search for a dream home. Purchasing a home can be one of the biggest financial decisions in your life and going about it the right way will help with navigating through the purchase process.

 · But there is a shift happening, and it’s one that could benefit first-time home buyers in Oregon during 2019. 5 Mortgage Tips for First-Time Buyers. With that market update out of the way, let’s move on to the mortgage advice mentioned earlier. Here are five helpful tips for first-time buyers in Oregon, fully updated for 2019. 1.

Buyers need a basic overview. This is especially true for first-time home buyers who aren’t familiar with the process. Bear in mind that the steps in the home buying process can vary from state to state, depending on local custom.

In its 2018 Profile of Home Buyers and Sellers, the National Association of REALTORS (NAR) reported that first-time buyers made up 34 percent of all home buyers, about the same percentage as the past couple of years. In addition, 87 percent of buyers purchased their home through a real estate agent.

Interest rates will not always stay low. As a first-time buyer, you have the opportunity to take advantage of the present low rates and the buying power your credit rating affords. Here are a few key questions you may find yourself asking, along with useful tips for purchasing your first home.

Becoming a first-time home buyer can be overwhelming. Try these 17 tips to make saving for, finding and buying your dream home a breeze. We’ll help you navigate the process more smoothly and save.

Top 10 Tips for Buying Your First Home. Whatever your reason for wanting your own home, taking the leap can be both exciting and daunting. Yet, according to a National Association of Realtors survey, you’re not alone; the number of first-time homebuyers was about 47 percent of all home sales in 2009 [source: National Association of Realtors ].

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For first time home buyers, just understanding everything can be an uphill battle. It’s often not clear what you need to do and what you should do at each step. Yoreevo has a couple tips for anyone thinking about becoming a first time home buyer and those actively engaged in the process.