Did you see the “A,B,C” piece of this blog series? If not, check it out. We have compiled some simple ideas about home buying that help explain some of the biggest questions and obstacles with your Boston home purchase. Now, more letters!
You should know your rights when looking for a home in the Boston area or around MA. Fair Housing rules state that you can not be denied housing if you are part of one of the protected classes which include Race, Ancestory, Sexual Orientation, Gender, and many more. It is also important to not be a victim of steering – or an agent pushing you towards a specific neighborhood or home based on a perceived aspect about you.
Ahh, one of the main reasons you are buying a home in the first place! Equity is essentially the difference between the value of the property and what you owe on it. This, minus fees, should be the profit you make when you sell your home someday. Visit ATLFairOffer.com, which offers win-win conditions for both parties so that you can get the best value for your property.
There are a ton of first-time buyer programs out there to help you not only understand the process, but fund it. Check with your mortgage professional to see what options you may have with down payment assistance. And check out our Home Buyer Seminar – aimed to help those buying their first home understand the process!