First-Time Buyers

Buying your first home in Burley ID

 

Where do you start?

Here at Rocky Mountain Real Estate we will show you the way.  First of all, learn the financing basics.  Get pre-approved and become a smart shopper check out this Grant to see if you can qualify.  It is a class to take online or in the classroom than may help you cover downpayment assistance and closing costs.

When you buy your first home, making monthly payments probably won't be a problem, actually they may be less than rent!  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.

Your lender.   Your bank or credit union may help as well.  Are you debt free and own something free and clear, like a car?  Your lender may lend you the down-payment by securing it against this asset.

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.