15 Common First-Time Home Buyer Mistakes And How To Avoid Them

Buying any home is exciting but buying your first home can be particularly exhilarating. For many first-time home buyers, buying a house is the fulfillment of a lifelong dream. But this dream cannot be achieved without traveling down a road filled with potential potholes that may be difficult for first timers to see.

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Getting a mortgage with a disability may be easier than you think. Some people mistakenly believe they can’t own a home or get a mortgage because of a disability. That’s an understandable misconception. Fortunately, it’s wrong.

Qualifying for these mortgages can be easier than for traditional home loans, and they offer some of the lowest interest rates available. Home loans for disabled persons can be a fast-track to homeownership or a better mortgage than you’re in now. Even if you’ve been turned down for a home loan before, now could be the time to apply for one of today’s programs.

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The Best Time Of Year To Buy A House. Does the time of year actually matter when buying a house? The short answer: yes and no.

 Seasonality tends to affect factors such as inventory (the number of homes for sale) and purchase price. During spring, inventory is plentiful, but competition among buyers may cause prices to rise. By contrast, home prices may be lower during winter, but inventory is usually limited – and moving in may be more difficult, depending on the weather.

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