Jennifer Hoffmann

The USDA loan program is an excellent choice for some buyers offering up to 100% financing. The property should be located in an eligible area and there are some income limits. Your mortgage lender and realtor can work with you to ensure the property and lending requirements are met. The first step is to select a realtor and mortgage lender and begin the pre approval process.

Three to five years is good rule of thumb for most real estate documents. If you have your original recorded deed, keep it in a secure place forever.

Mortgage programs allow a range of 0% down to as much as you want. The right amount will be determined by what your short and long term goals are. Find the right REALTOR and mortgage lender. Talk to them about what your goals are and they can help you determine what the right amount to put down is. But do know that the days of always putting 20% down are behind us. There are many programs available to purchase a home.

Buyers are the most interested in a home when it first comes on the market. The correct number of open houses, depends on the market area. If your REALTOR indicates that four is the right number, then they are the area experts. If you are having some hesitations, talk them thru with your REALTOR. A good agent will help you feel at ease as you make decision together thru the process.