Single Parents Can Buy Their First Home
By admin. Filed in single parenting |
Image by Getty Images via Daylife
Are you a single parent wondering if you could afford the “American Dream” of home ownership? The answer is a resounding, “yes”. However, it will require planning.
In order for you to be successful with your dream of home ownership it is is important to understand several things before getting started on your path to home ownership. You must know:
- the difference between a home appraisal and a home inspection
- what your credit score is
- how much home you can afford
- what property tax exemptions you are eligible for and why
- what is the difference between fixed and adjustable rate mortgage
- what is replacement cost and how does it affect your insurance premium
- why is it important to shop around for insurance coverage
- why it is important to shop around for a mortgage
- what is mortgage insurance and what does it protect
- what is a FHA loan
- what is a conventional loan
- how much is needed, really, to purchase and maintain a home
- what money saving tips are available to help you maintain your home
- what should you be looking for in a home
Over the next series of posts a renowned and successful broker, author, co-author, and speaker will be addressing the above issues.
Ms. Brown has worked with several first time home buyers, but more importantly she has worked with and coached several single parents through the buying process. In addition, all of the single parents that she coached through the buying process are still successful and happy homeowners today.
Ms. Brown has over ten years of experience as a real estate professional. She prides herself on ensure that her clients understand the buying or selling process. She accomplish this goal by educating her clients with books like “Should I Short Sale My Home” and “How to Make Your Home Sell”. She also has a successful blog at Taylor-Brown Real Estate Talks.com.
Ms. Brown is not only a license real estate broker in both Indiana and Illinios, but she has two bachelor degrees. One of her bachelor degrees is in business administration and the other degree is in electronic engineering technology.
It is equally important to point out the goal of Taylor-Brown Real Estate Talks. Taylor-Brown Real Estate Talks’ goal is to empower the customer through education about real estate, mortgage, insurance, so that the consumer can achieve wealth through the listing and selling of real estate.
Tomorrow’s post will be on the all important credit score. There has been a lot of changes in the mortgage industry in recent years, and Ms. Brown wants to share with you how those changes will affect your buying experience.
Related articles on first time home buying
- Home Ownership 101 (slideshare.net)
- Home Selling Guide 9 19 08 Final (slideshare.net)
- First-time homebuyers get ready (money.cnn.com)
- Credit Scores May Hurt Homeowners Insurance Customers (homeownersinsurance.org)
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Tags: American Dream, Business, Credit score, Insurance, Mortgage, Real estate, Real estate broker, single parent