Are you considering becoming a home owner for the first time?

You may want to consider the many advantages to homeownership:

	You enjoy being part of a community and a neighborhood.
	Houses can increase in value over time, which means you increase your net worth.
	As your home appreciates in value, you build equity in your home. This equity works for you if you decide to take out a home improvement loan or home equity loan. Increasing equity also increases the amount of cash you may receive if you sell your home in the future.
	Real estate is an important part of a diversified financial portfolio.
	The interest you pay on your home mortgage is often tax deductible.
	Homeownership offers more flexibility to make changes to your living space, such as painting your walls or putting in new carpeting.

Programs for first time buyers
There are  many federal, state,  and  local loan  assistance  programs  for first time buyers. Some enable you to buy your first home with "$0" down payment. Your HomeTeam will help find the right program for you. Call today.

If you're a renter who isn't quite ready to make the homeownership leap, consider using a program like RE/MAX Heading Home to compile a game plan and earn credits toward your closing costs.

The questions surrounding a first-time home purchase can feel endless. You can find the answers and peace of mind by working with a HomeTeam.

Other References:

• 7 Reasons to own your own home
• Here are 12 tips to help you become your own landlord.
• 10 Steps to Prepare for Homeownership
• Real Estate Terms You Need To Know
• Real Estate Questions and Answers
• Home Buyer Resources.
• Homeowners' Insurance
• Why Do I Need a Home Warranty?
• Yes! You Need Title Insurance
• When You Budget To Buy A Home - Don't Forget To Include "Closing Costs"
• 10 Secrets Every First-time Homebuyer Should Know [PDF, 580 KB]
• Your Mortgage - Pre-qualifying and Pre-approval
• Your Mortgage - Are there tax credits for first-time home buyers?
• Accredited Buyer Representative (ABR)