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First Time Home Buyers

Home Foreclosure in California and Why It Takes So Long

Rahis Saifi | Posted 04.21.2016 | Business
Rahis Saifi

A foreclosure is a stressful and confusing time for a homeowner who may be about to lose their home. This process can take a long time to be completed, which adds to the pressures experienced by all of the parties involved.

What's It Worth...To You

Melissa Terzis | Posted 04.12.2016 | DC
Melissa Terzis

It seems like most real estate markets in the country are on fire right now, with homes flying off the market in days, sometimes hours. Sometimes they...

Why the Term 'Starter Home' Should Bother You

Lauren Greutman | Posted 03.22.2016 | HuffPost Home
Lauren Greutman

Was the thought of my home being a "starter home" a reason to leave? I'm sitting here in my mid-thirties with four kids, I can afford something nicer and bigger, so surely I should upgrade from this starter home, right? After all, I'm not "starting" anymore. But the more I thought, the more that term bothered me -- in two different ways.

Will We Still Target Millennials When They Are 75 or Will We Instead Focus on the Next Generation of Freshly Minted Grown-ups?

Jenny Darroch | Posted 02.29.2016 | Business
Jenny Darroch

Our fascination with millennials is not so much with... well, millennials, but with what they represent. At a quarter of the population, this group is certainly too large to ignore.

Top Tips to Getting Organized Financially, and in Life

Jeanne Kelly | Posted 12.31.2015 | Business
Jeanne Kelly

So, how are you coming on your New Year's resolutions? Are you the kind that even makes them? Whether you are or not, most of us aspire to being more organized in the New Year.

Tales of a First-Time Homeowner

Brent Stoller | Posted 11.20.2015 | HuffPost Home
Brent Stoller

Earlier this year, my wife and I closed on our house in Houston. While she's a previous homeowner, this is my first go-round. And I'm lost. Part of my uneasiness is leftover PTSD from seeing my savings account slashed by a cashier's check, but most of it stems from knowing that everything within those walls is my obligation.

10 Expenses To Consider On The Rookie Home Buying Checklist

MoneyTips | Posted 10.08.2015 | Business
MoneyTips

After years of saving, you are finally ready to buy a house -- but have you really saved enough to buy the house that you want? There are more expenses to consider than just the price of the home, and first-time home-buyers can be caught by surprise at the number and size of the auxiliary expenses.

5 Reasons Why We Are Waiting Longer to Buy Our First Home

MoneyTips | Posted 09.14.2015 | Business
MoneyTips

The housing market has been slow to recover from the Great Recession, and one of the main reasons why is the lack of first-time homebuyers. Millennials are more likely to rent for a longer time before purchasing a home or conclude that home ownership just is not worth the expense.

10 Best States for First-Time Homebuyers

GOBankingRates | Posted 07.06.2015 | Business
GOBankingRates

Buying a home is a financial goal that has been delayed for many Americans thanks to the recent recession. With the economy continuing to strengthen in 2015, however, many wannabe homeowners have decided it's time to buy their first homes.

Financial Wins for Renters and Buyers: The Experts Speak

Maureen Hannan | Posted 05.11.2015 | Money
Maureen Hannan

The thing is, most aspiring homeowners don't need to be convinced that "now is the time to buy." And most renters don't really need to be told that their leases give them some time and space to save, build up credit profiles, and shop around.

First Time Buyer Advice

Melissa Terzis | Posted 06.21.2015 | HuffPost Home
Melissa Terzis

Be realistic about what your budget constraints are. In this crazy market, you would be wasting time if you are searching for a house way below market value in the middle of the action.

How to Make Your New Home's HVAC System More Energy Efficient

Will Housh | Posted 05.25.2015 | HuffPost Home
Will Housh

So, you've moved into a new home and you just got your first utility bill. Is it higher than you expected? If so, your HVAC system may be the cause.

6 Things Millennials Should Do Before Buying a House

Shannah L. Compton | Posted 04.15.2015 | Money
Shannah L. Compton

According to Real Estate Agents Rhonda Kohn, Keller Williams, and Jessica Foote, Berkshire Hathaway Home Services, being prepared before you start shopping for your new home is the difference between real estate success, and real estate crash.

First-Time Home Buyer? Here's What You Should Know About Your Appraisal

David S. Bunton | Posted 01.25.2015 | HuffPost Home
David S. Bunton

We find that first-time home buyers often misunderstand one of the key components of the home buying process: the appraisal. It is the single most important tool to ensure buyers pay a fair and equitable price for the property they purchase.

Factor Your Lifestyle Into Your Budget

realtor.com | Posted 01.20.2015 | Money
realtor.com

Looking at sprawling villas in the suburbs and 2,000-square-foot condos in the middle of downtown is one thing. How much home you can afford may be entirely different.

As America Becomes More Diverse, Lending Barriers to Minority Homeownership Demand Serious Leadership

Garrick T. Davis | Posted 01.19.2015 | HuffPost Home
Garrick T. Davis

Recently released mortgage disclosure data findings indicate that a majority of future U.S. households could face significant challenges in achieving homeownership.

All Signs Point to Buying

Toni Haber | Posted 01.05.2015 | New York
Toni Haber

The housing market has shown massive improvement, nearing pre-recession values around the country; still, less people are willing to buy and choose to rent instead. This can be attributed to the much smaller percentage of first-time buyers.

Why New Construction Homes Are a Hot Choice for Homebuyers

Michael Corbett | Posted 12.24.2014 | HuffPost Home
Michael Corbett

Older homes, especially ones that were not meticulously maintained or renovated each decade usually need a little TLC and are often slightly less expensive than a new construction home. However, new construction homes have advantages that just might outweigh their older, more established counterparts.

7 Ways to Match Your First Dream Home to Your Budget

Michael Corbett | Posted 12.08.2014 | HuffPost Home
Michael Corbett

You are ready to buy your first home. Congrats! Although you haven't found it yet, in your mind, it's perfect! Open floor plan, granite countertops, a walk-in closet ... the works!

5 Ways to Avoid Real Estate Road Rage When Closing on a Home

Casey Bond | Posted 11.23.2014 | Money
Casey Bond

Considering the amount of money involved in a home purchase, as well as the overall feeling of achievement and security associated with ownership, it's no surprise that emotions run high on both sides during a sale.

Mobility Math: More Folks Renting = Fewer Mortgages = Lower Deficit and Lower Unemployment

Terry Connelly | Posted 11.03.2014 | Business
Terry Connelly

Indeed, it has long been U.S. government policy to encourage home buying among young adults, especially by providing favorable tax subsidies for homebuyers in the form of the famous mortgage interest deduction.

6 Things I Wish I Knew Before I Bought My First Home

Michael Corbett | Posted 06.16.2014 | HuffPost Home
Michael Corbett

As a general rule, it's wise to take 20 percent less than what the bank will lend you.

INFOGRAPHIC: Common Myths About The Home Buying Process

David S. Bunton | Posted 05.06.2014 | HuffPost Home
David S. Bunton

In today's increasingly competitive real estate market, understanding the appraisal process cannot be overstated. Although appraisals are one of the most important parts of the home buying process, they are often one of the most misunderstood.

Not-Yet-Knocking on the Real Estate Door

Lita Smith-Mines | Posted 02.02.2014 | New York
Lita Smith-Mines

During the first few decades of my career as a real estate attorney, the question posed by clients was, "What will buying (or selling) cost me?" When ...

WATCH: Don't Buy A House Without These Expert Tips

Posted 08.07.2015 | HuffPost Home

Buying a home can be thrilling, but before you let emotion get the best of you (and the huge investment you're about to make), experts say there are a...