Zillow Advice: Rent vs Buy - What are the options for first time buyers http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ Zillow Advice | Zillow Real Estate This is a great question ... http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ This is a great question and it has several answers,<em><strong>&nbsp;depending on credit, type of loan,&nbsp; how much closing cost,&nbsp; when you need to close, etc.<br/></strong></em>I would recommend that you interview at least 2-3 agents to assist in making your final decision and one&nbsp;that&nbsp;fits your personality and will work hard for you and get you to the&nbsp;closing table as well. I have assisted <em><strong>many first&nbsp;time homebuyer's, which is one of my specialties</strong></em>, especially military families, since we are so heavy populated in&nbsp;the Hampton Roads Area with all of the&nbsp;military&nbsp;branches. I would be happy to interview with you and hopefully we are a match.&nbsp;You may <em>also <strong>check out what my clients are saying about me on my website under</strong></em> <strong><em><u>"About Me"</u> and go to the&nbsp;tab listed:&nbsp;Recommedation.</em><br/><br/></strong>When are <em><strong>you planning to purchase a home? Any particular price range, bedrooms,&nbsp;baths, etc.</strong></em> I could send you a few listings based on your&nbsp;qualification&nbsp;from&nbsp;my website: <a href="http://www.annmarkley.com/" rel="nofollow">http://www.AnnMarkley.com</a> or you may set up a listing alert as well on my site.<br/><br/>Please<em><strong>contact me anytime and if you also need assistance with&nbsp;speaking with a loan officer,</strong></em> I would be happy to set&nbsp;up&nbsp;a&nbsp;meeting with&nbsp;a couple of loan officers&nbsp;in the area,&nbsp;which is the<em><strong>first and most important step before looking at homes. Let me know if you are ready to get started to finding your Dream Home.&nbsp;<br/><br/> Ask Me&nbsp;about my <u>"Free HomeBuyer's Warranty Plan..<br/><br/></u></strong></em> Good luck with your search and I hope to hear from you soon. Tue, 26 Jun 2012 18:20:00 GMT http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ 2012-06-26T18:20:00Z The best thing for you to ... http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ The best thing for you to do&nbsp;is to pick an agent and sit down, talk about the process of buying in your area of the country. This meeting usually helps my clients understand what it takes to buy a home. Tue, 26 Jun 2012 17:41:00 GMT http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ 2012-06-26T17:41:00Z An Example of why it is nice ... http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ An Example of why it is nice to be informed ;)<br/><br/><br/>"Spam, advertising, or self-promotional content is not allowed in Zillow Advice. This includes, but is not limited to, any contact information such as phone numbers, email addresses, or website URLs"<br/><a rel="nofollow" title="Good Neighbor Policy" href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a>. Sun, 03 Jun 2012 18:20:00 GMT http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ 2012-06-03T18:20:00Z I agree with the other agents ... http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ I agree with the other agents that you should speak to at least 2-3 lenders and Buyer Agents to see if you and that agent/lender are perfect fit for each other through this very important and sometimes stressful decision in your life. I have assisted many first time homebuyers and believe educating my buyers and being available from beginning to end and building a relationship well after the closing. Check out my website under Meet Ann -(Testimonials) from past clients [website removed by Zillow moderator. Please see our <a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a> for more information] I welcome your concerns and questions on the buying process or if you are ready to get prequalified today.. Sun, 03 Jun 2012 18:15:00 GMT http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ 2012-06-03T18:15:00Z Selecting an Agent and Lender ... http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ Selecting an Agent and Lender is an important decision not an arbitrary selection...Agents are selling services and you have a lot at risk so don't risk tossing it all away by not selecting very very carefully<br/>BECOME INFORMED FIRST <br/>Huge Move..Huge Financial Obligation...Huge Decisions<br/>Become informed and then become more informed..<br/><br/>Here are some very Basic things you should be aware of and Excellent Sites with Tons of info<br/><br/>Every consumer (Buyer/Seller) imo should read the Information on the Department Of Justice Anti-Trust Division Web Site about all the options Consumers actually have<br/><a href="http://www.justice.gov/atr/public/real_estate/index.html" rel="nofollow">New business models are emerging that allow consumers to save thousands of dollars when they buy or sell a home</a><br/><br/>Gov. Loans (FHA..VA..USDA ect)<br/>Provided by the Federal Gov<br/>Find the Right Loan, you can search for specific information, compare options, or take a short questionnaire to determine your eligibility for each program. <a href="http://www.govloans.gov/loans/type/6" rel="nofollow">GovLoan.com</a><br/><br/>Hud Site..<br/>Read this info and read it again, check out the Links/Resources...First Time Home Buyer Info about the Process &amp; Excellent Info/Resources for any Buyer..<a href="http://portal.hud.gov/hudportal/HUD?src=/topics/buying_a_home" rel="nofollow">Buying a Home</a><br/><br/>Browse..get some idea of what's out there..programs<br/>REO-Bank Owned Properties<br/>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<br/>Sites Like..<a href="http://realestatecenter.bankofamerica.com/pages/map-search?Partner=reo&amp;DestinationUrl=http://rec.informationlogix.com/search/SearchResultsByState.aspx" rel="nofollow">Bank of America</a>...<a href="http://reo.wellsfargo.com/" rel="nofollow">Wells Fargo</a><br/><br/>You can find links to Bank sites here...<a href="http://www.biggerpockets.com/bank-reo.html" rel="nofollow">Link</a><br/><br/>The Fed Gov has Sites for its Properties for sale<br/><a href="http://hudhomestore.com/HudHome/Index.aspx" rel="nofollow">HUD Homes</a>...<a href="http://www.homepath.com/" rel="nofollow">Fannie Mae</a><br/>You can find the links to all the Gov sites here...<a href="http://portal.hud.gov/hudportal/HUD?src=/topics/homes_for_sale" rel="nofollow">Link</a><br/><br/><br/>Life changing time...Step up to the Plate..Protect yourself<br/><br/>Good Luck Sun, 03 Jun 2012 18:09:00 GMT http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ 2012-06-03T18:09:00Z Meet with three lenders to ... http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ Meet with three lenders to ascertain your options based on your financial profile.&nbsp; Meanwhile talk to a few buyer agents and ask them to explain the process of purchasing a home.&nbsp; The best of luck! Sun, 03 Jun 2012 17:21:00 GMT http://www.zillow.com/advice-thread/What-are-the-options-for-first-time-buyers/445313/ 2012-06-03T17:21:00Z