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Cori Blount
All Real Estate Agents are NOT alike! Find out why I am a top real estate expert. Call me: 951-926-4297.

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First Time Home Buyers
Welcome > For Buyers > First Time Homebuyers ...

Buying Your First Home? Realtors Are Your Professional Guides. Make Sure You Choose a Top  

Expert.
 

You might be a bit afraid or intimidated by the whole process of buying your first home. As a top Temecula and Murrieta real estate expert, it's my job to guide you, from beginning to end. 

I will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell me a bit about your situation below. I'll get right back to you. There is absolutely no charge, and I offer this to you with no strings attached. Please fill out the form below...
 

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Real Estate Tips
First Time Buyers >The Down Payment

Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows.

If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest.

When you buy a home with a low down payment, you will have more tax deductible interest, and your investment value percentage will increase faster. You will have little equity at the outset, and your monthly mortgage payments (and perhaps your interest) will be higher. However, you will also keep more of your own money in hand to potentially earn more interest in other investments.

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Real Estate Trivia
Q 
Who is the world's richest living person?

A 
William H. Gates, III, Chairman of Microsoft Corporation, whose wealth was estimated at $46.6 billion in 2004.
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Cori Blount, REALTOR®, real estate agent and broker for Temecula and Murrieta, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Cori Blount
Real Estate Express Services

34119 Keller Court
Winchester
CA 92596
Main Ofice: 951-200-0248
Assistant: 951-200-0248
Cell: 951-317-5151
Fax: 951-329-3361
Email: CoriBlount@NUMBER1EXPERT.com

Cori Blount is the broker /owner of Real Estate Express Services with 18 years of personal sales experience as well as an independent Broker. Having represented a national builder, and having held position as vice president of operations with a national franchise, it is my pleasure to represent both buyers and sellers in the exciting field of real estate here in Southwest Riverside County. With a vast knowledge in all aspects of residential real estate necessary to make YOUR experience successful and equitable it will be my pleasure to be of service to you .

MLSEqual HousingeProREALTOR


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