Frequently Asked Questions

1. I’ve heard of HUD homes. What are HUD homes? Are they a good deal?

2. I’ve had bad credit, and I don’t have much for a down payment. Can I become a homeowner?

3. I’m a single parent. How would I go about buying a home?

4. Should I use a real estate broker? How do I find one?

5. How much money will I have to come up with to buy a home?

6. How do I know if I can get a loan?

7. How do I find a lender?

8. In addition to the mortgage payment, what other costs do I need to consider?

9. What will my mortgage cover?

10. What do I need to take with me when I apply for a mortgage?

11. I know there are lots of types of mortgages. How do I know which one is best for me?

12. When I find the home I want, how much should I offer?

13. What if my offer is rejected?

14. What will happen at closing?