Are you a first time Sedona real estate home buyer?

Where do you start?

First of all, learn the financing basics. Get pre-approved and become a smart shopper. This is different than just pre-qualification. Make sure you have a letter from your lender stating your approval.

Learn more here about buying Sedona Real Estate.

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 me about these options.

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.

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.

Be sure and contact me with any help for first time homebuyers. I can help put you into your first Sedona real estate!