Why First-time Buyers
have the Advantage
HOME BAGGAGE
EASY DOWN PAYMENT GRANTS
Home baggage – People who already have a home usually need to sell it in
order to buy their next one. If a buyer wants to “move-up” to a larger home
during a depressed market, that usually means that they have to sell in that
same market. Though they may get the home they want at a reduced price, they
may have to sell theirs at a reduced price.
If a seller wants to take advantage of a “Hot” market when home values are
fairly high, they will still generally have to buy their next home during
that same hot market when other homes are priced high.
The First Time Home Buyer has a lot of down payment gift and grant programs
available enabling them to purchase a home with little money down. Down
payments grants will be discussed further in the seminar. |