Figure out how much you can afford – what you can afford depends on your income, credit rating, current monthly expenses, down-payment and the interest rate.
Home-buying Programs in Georgia
If you’re thinking about buying your first property, it pays to know your rights as a buyer and how the buying process works.
The process of buying a house will differ depending on whether the house is sold by private treaty or at auction. Rules may also vary in each state or territory. Shawn will guide you through this process, but here you can find some information on your rights when buying a house.
Fair Housing: Equal Opportunity for All
Real Estate Settlement Procedures Act
One of the first steps you’ll take in buying a home is shopping for a loan.
Shawn Penoyer can direct you to Home Loan Experts and can answer any questions you have, but you may also visit one of many sites that can help you find a housing loan.
Looking for the best mortgage: shop, compare, negotiate
Let Federal Housing Administration help you
Learn about interest only loans
Avoid Predatory Lenders
Many federal, state and local agencies administer programs to assist people who need help buying a home.
Some of these are loan programs; others provide assistance with down payments or with building a home. Shawn Penoyer will advise you on preparing to buying a home and present you programs that you may use. Meanwhile you can read more about home-buying programs in Georgia:
Homebuying programs in Georgia
Federal Housing Administration Loan Programs (offer lower downpayments and are a good option for first-time homebuyers)
Hurricane Evacuees Discounted Sales
Homeownership for Public Housing Residents
Indian Home Loan Guarantee Program
Looking for a new home can be an exciting and challenging experience.
Shawn work hard to not only find the perfect home for you, but also to handle every last detail of the purchase process, from negotiating the terms of sale to recommending moving companies. To help you get started on buying your new home we prepare 8 Steps Guide, information on Buying a Foreclosure, Home Inspection and finally very helpful tips on settlement costs.
Settlement Costs and Helpful Information
Of course Shawn Penoyer will assist you with finding the perfect home insurance, but below you will find some more information on this topic.