how does it work first time home buyers - Zillow Real Estate Advice

Lesson number 1
BUYING IS SERIOUS BUSINESS FILLED WITH IMPORTANT DECISIONS YOU WILL HAVE TO MAKE

Advice number 1
BECOME INFORMED BEFORE MAKING THE IMPORTANT DECISIONS

Become informed..be smart with your money...if there is a good Deal be able to recognize it, if there is a Bad Deal be able to recognize it

Here are some good places to start imo..
Check out the info, resources and options you have available to protect yourself..

Read the 9 Steps to Homebuying on the Hud site as they are an excellent guide & Resource plus links to your Local Homebuyer Programs....
(Step 3 is interview lenders..Step 5 is interview RE Agents)..
Buying a Home

Give this Fed. Gov. Site a look, it has all the Current Fed Housing Loans (FHA/Vet/USDA ect.) and you search for specific information, compare options, or take a short questionnaire to determine your eligibility for each program.....Fed Loans..Housing

Check out all this information from the Dept. of Justice Web Site...
Competing Models of Real Estate Brokerage

Consumers Can Save Thousands of Dollars in Commissions

Competition and Real Estate... Real Estate Laws in Your State

If you would just like to kick back and browse on the internet I have found the following to be informative...not only for viewing & getting info about properties but to see/learn about all the various loan options, programs ect.
REO-Bank Owned Properties
Many Banks have created Sites for the Public to use (For Free) to view and find Information about the Properties they have Listed for Sale
Sites Like..Bank of America...Wells Fargo...CitiMortgage
You can find links to Bank sites here...Link
or here Link

The Fed Gov also has Sites for its Properties for sale
HUD Homes...HomePath/Fannie Mae...HomeSteps/Freddy Mac
You can find the links to the Gov sites here...Link


You have options/info available. become familiar with them..use them
Protect yourself & Good Hunting

Source: http://www.zillow.com/advice-thread/how-does-it-work-first-time-home-buyers/492709/

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