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Educate your clients on down payment assistance programs

Housing Wire

A typical 20% down payment on a home in a U.S. However, for many first-time homebuyers , the hurdle of making a substantial down payment can seem insurmountable and many can only put down 3-5%, or $12,078 – $20,130. What are down payment assistance programs? of the home’s purchase price.

Clients 360
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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

This could include the total sales prices of the homes you sold, the amount of money you were able to save buyers, if any, and the types of properties you sold in numbers, such as single-family homes or condos. Followers who see the effort you put into gift giving will say how you go the extra mile for your clients.

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Financing Options for First-Time Homeowners

Eppraisal

However, the cost is often intimidating, especially for those who haven’t yet learned their options.   You can still qualify for a mortgage loan even if you have low income or bad credit and are willing to pay a small down payment. It has no minimum credit and low down payment requirements.

Finance 69
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3 Payment Assistance Avenues Available on Path to Homeownership

Will Springer Realtor

Whether you’re looking in Belltown or Bellevue, Bothell or Burien, buyers need to save up a whole lot of money before seriously considering a first-time home purchase. There are programs established by state and local governments that provide buyers – mostly first-timers – with assistance to make a down payment or meet closing costs.

Buyers 64
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Real estate farming: Become the go-to agent in your area using these tips, tools & strategies

Housing Wire

Best features: Mobile ticket app QR code check-in Marketing tools and data insights Waitlists Secure payments Learn More Parkbench Starting price: $300 per month Parkbench is a platform that helps real estate agents host live, neighborhood-specific virtual events, thereby creating video content to post on social media and YouTube.

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Ways to Save for a Down Payment

Assurance Financial

Ways to Save for a Down Payment. For many homebuyers, saving for a down payment can be a significant obstacle to homeownership. Depending on the type of loan, you may have to put down 20% to get the best rate. For a home that costs $250,000, a 20% down payment is $50,000.

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Choosing the Right Lender

PennyMac

5%, can add up to a considerable increase in your monthly payment. Down Payment and Mortgage Insurance Most, but not all, home loans will require a down payment. A home down payment is money paid upfront for the home at closing and is a percentage of the home’s purchase price.