When you start shopping for a home, you probably have a very specific image of what you would like that home to look like. You probably also see the perfect neighborhood surrounding that perfect home.

When it comes to shopping for a home, especially if you are buying for the first time, having an agent on your side is extremely helpful. But if you have never bought a house before, you may have no idea where to begin finding a REALTOR that you can really trust to help you with this important decision.

Of the many different types of home loans out there, interest only loans are one of the more unusual types. Although they are not much in use any more, you may still run into the option. You should know what they are all about before you even consider one.

When you buy a home, the mortgage payment isnt the only regular expense you will have to consider. You will also be responsible for paying for your homeowners insurance policy as well as the property taxes on your new home.

For first time buyers, the amount of money that is needed to seal the deal can often come as a bit of a shock. Known as the closing costs of the deal, this amount of money involves a number of different factors that can add up to several thousand dollars out of pocket for the buyer.

When we think of selling a home, the services a REALTOR can provide usually seem worth the cost of their commission, but what about as a buyer?

For first time buyers, the mortgage loan process can seem complex and confusing. On top of everything else, you need to figure out interest rates, loan terms, fixed versus adjustable rate mortgages, and more.

In your house hunting you may have come across a mention of FHA loans. FHA stands for Federal Housing Authority, and the loans available through this program are designed to help people qualify for loans and purchase homes more easily.

Coming up with a down payment in todays economy can be difficult. In most cases the down payment is expected to be 20% of the purchase price, and in some markets where housing prices are high that can be nearly impossible for the average person to save.

Most people who are in the market for a new home are aware of the costs associated with purchasing a home and moving, but closing costs can be expenses that may be overlooked, especially for first-time home buyers.