Dreaming of owning your first home? Tired of shoveling out rent for a home or apartment that doesn't feel like yours? Take heart, changing from renter to homeowner may be easier than you think. The professionals at Remax of Eagle River have extensive knowledge of real estate in Eagle River, Anchorage, AK, and surrounding communities. We are here to help ease the home-buying process and make your home buying dreams a reality.
Where do you start?
When you buy your first home, making monthly payments probably won't be a problem. After all, you're already paying rent to your landlord each month. It's coming up with the lump sum needed for a down-payment that may seem impossible. Fortunately, there are options to make buying your first home a happy reality.
Programs for first-time buyers. There are several local or federal government programs that help first-time buyers get into the housing market. Ask our agents about these options, and the success we’ve had with clients and financial programs such as these.
Your lender. More than likely, your bank or credit union may be able to assist you with your home purchase. Are you debt free and own something free and clear, like a car? Your lender may lend you the down-payment by securing the loan against this asset.
Private contracts. Look for a seller to help you buy and finance your home. Some sellers are willing to carry the contract themselves and will waive the down payment. You may only have to pay the monthly mortgage installments.
Need financial solutions?
Credit or tax problems. Do you have problems with your credit rating or owe money in taxes? Buying your first home is still a possibility. Check with your lending institution about options, such as paying a higher down-payment.
If necessary, contact a financial advisor or tax resolution service.
If you have questions about buying your first home, our friendly agents are always here to assist you. You can contact our office at 907-694-4200, or check out our Facebook page to learn more about Remax of Eagle River, Anchorage, Alaska.
Ready to start the home-buying process? Search our latest listings.