Here you’ll find everything you need when beginning your home buying journey. Let’s start with the one that takes some first-time home buyers by surprise: earnest money. If you live in a house the discount will be between 32{6ea1d85b87534fab6e24031f499cc2ede23940dcd11dcec5d1566c72a09a2c6a} and 70{6ea1d85b87534fab6e24031f499cc2ede23940dcd11dcec5d1566c72a09a2c6a}, depending on how long you have lived there. If you’d like help cutting your spending and maximising your income, see our advice on getting help with bills Use our budgeting tool to see exactly where your money goes each month.
We understand life is busy, so we have experienced mortgage specialists who can come to you to help explain the home buying process. They’ll match you with a real estate agent in your area at no cost, regardless of whether you’re buying or selling a home. If you’ve ever wondered what a house is and where you can buy one, then no doubt this book will help you out.
Please give me an indication on when the buyer has to take out a mortgage, and the time it takes if the buyer pays cash. First time homebuyers who have attended a Live Seminar, Two Part Webinar, or a First Time Home Buying Self-Paced Course will be rewarded with a $200 coupon which can be applied to your closing costs on a BECU home loan.
If you can’t meet the conditions and don’t remove them, the contract ends and you don’t have to buy the house. As long as you plan on living in your home for 10-plus years, buy a home when you want to and where you want to, as long as you stick to your affordable payment range.
The Scottish Government leaflet Thinking about Buying provides useful information for potential house buyers. For some groups of people, such as first-time buyers and key workers, it may also be possible to borrow some of the money you need to buy a home from other, government-backed sources.
