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Special Report
A Guide for First-Time Home Buyers
First, the good news. In spite of rough economic times and greater challenges qualifying for a mortgage, this is a fine time to be a buyer of one’s first home. There is inventory all over the country and bargains to be found.
Now, let’s talk about your readiness. Have you done your homework? No worries. We’re here with the tools and guidance to help you make smart decisions while selecting and financing your home.
The hidden language of home listings
Need help decoding the mysterious lingo of real estate ads? You're not alone.
First-time buyer mistakes
Homeowners reveal what they will do differently next time
The step-by-step program to buying your first home
From evaluating your finances to closing the deal, here's what to do at every step of the home purchase process. (Shopping cart not included.)
Best markets for first-time home buyers
In these six locations, getting a foot in the door of your first home isn’t such a stretch. Hint: There are purple trolley cars in Memphis.
Additional stories and resources
Figure your monthly payments and more with this
online mortgage calculator
.
What does it mean? A
glossary from the federal government
translates real estate terms.
Recommended reading: Check out these
books and resources
for first-time buyers.
View homes for sale in your neighborhood on
Cyberhomes
.
About this project / Contributors
The Cyberhomes team presents a compendium of useful information for consumers purchasing their first home. The timeline content is provided by our partner
FrontDoor.com
.
Editor:
Janine Sieja
Email Janine
Contributors:
Kris Goodfellow, Sarah Max
Photography and Illustrations:
Keith Johnson, Scott Johnson, Sarah Weissman
Design:
Neil Pinchin
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