Homeownership is becoming a reality for more and more Americans. During 2000, the US homeownership rate reached 67.7%, the highest rate ever. Yet many Americans don’t realize that homeownership is within their grasp.
A home is a financial asset and more: it’s a place to live and raise children; it’s a plan for the future; it’s an investment in your community. That’s why we at the U.S. Department of Housing and Urban Development want all Americans to have an opportunity to enjoy the benefits of owning a home. And we are especially proud of our work to help first-time homebuyers: thanks to our special programs, more than 81% of FHA-insured loans went to first-time homebuyers during 2000.
Knowledge is said to open doors. This is literally true when it comes to buying a home. To become a first-time homebuyer, you need to know where and how to begin the homebuying process. The following questions and answers have been carefully selected to give you a foundation of basic knowledge. In addition to helping you begin, this site will give you the tools necessary to navigate the entire process – from deciding whether you’re ready to buy, all the way to that final proud step, getting the keys to your new home.
Now you can use this information to determine if you’re ready to buy a home. if you are ready, contact us, we can help you decide your next step.
Whether you’ve spent years saving and preparing to buy a home, or are unsure if you can afford one, needing to sell or have your home appraised, the questions surrounding the tasks can feel endless. you can find the answers and peace of min with us.