At its core, a 2-1 buydown is a type of mortgage agreement between a home buyer and their lender. If it’s right for you, it could open up options and get you into your dream home.
Frequently, first-time homebuyers will turn to relatives to help with a down payment or to co-sign on the loan. However, all the parties involved need to be very aware of the pitfalls before agreeing to this arrangement.
The holiday season is upon us and you may be thinking about finding a special or unique gift your family member or loved one could use for years to come.
Realtor.com® 2022 Housing Forecast reveals a whirlwind year ahead for buyers, especially first-timers
Americans will have a better chance to find a home in 2022, but will face a competitive seller’s market as first-time buyer demand outmatches the inventory recovery, according to the Realtor.com® 2022 Housing Forecast.
In this season of giving, why not get someone started with a gift and then help create a plan for monthly contributions to an FHSA to save up for a specific down payment by a specific date.