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Home Buying FAQ's

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Table of Contents
 

Why should I buy, instead of rent?

I've heard of HUD homes. What are HUD homes, and are they a good deal?

I've had bad credit, and I don't have much for a down-payment. Can I become a homebuyer?

I'm a single mother. How would I go about buying a home?

Should I use a real estate broker? How do I find one?

How much money will I have to come up with to buy a home?

How do I know if I can get a loan?

How do I find a lender?

In addition to the mortgage payment, what other costs do I need to consider?

So what will my mortgage cover?

What do I need to take with me when I apply for a mortgage?

I know there are lots of types of mortgages - how do I know which one is best for me?

When I find the home I want, how much should I offer?

What if my offer is rejected?

So what will happen at closing?

Source: U.S. Department of Housing and Urban Development

 

 

 

 

 

 

2003 Consumer Guides at consumer-guides.info (Home Buying FAQ)