Apples vs Oranges

First clipping Homeowners
Sarah Corbett
Rasmussen College

Arthur Note
This essay is being submitted to Cregg McKinney for B234/BUL2241 Section 10 Business Law on December 8, 2012.

First Time Homeowners Questions
When you are a first time homeowner you mystify a lot of questions, here are some of the gross questions and there answers.
Why should I buy, instead of rent? fountainhead a home is an investment. When you rent, you write your monthly check and that bills is g nonpareil forever. But when you own your home, you can subtract the monetary grade of your mortgage loan spare-time activity from your federal income taxes, and usually from your enounce taxes. This will save you a lot each year, because the interest you pay will make up most of your monthly payment for most of the years of your mortgage. You can also deduct the property taxes you pay as a homeowner. In addition, the value of your home may go up over the years. Finally, youll savor having something thats all yours, a home where your own personal modality will tell the world who you are.
What are HUD homes, and are they a cracking deal? HUD homes can be a truly good deal. When someone with a HUD insured mortgage cant attend the payments, the lender forecloses on the home, HUD then pays the lender what is owed and HUD takes ownership of the home.



then we sell it at market value as quickly as possible.
Are there special homeownership grants or programs for oneness parents? Yes there is help available, start by becoming old(prenominal) with the home buying process and pick a good real number estate broker. Although as a single parent, you wont stand the benefit of two incomes on which to qualify for a loan, suppose getting pre-qualified, so that when you find a house you same in your price range you wont have the delay of seek to get qualified. Contact one of the HUD-funded housing counseling agencies in your area to talk through other options for help that mogul be available to you.
Should I use a real estate broker? How do I find one? Using a...If you want to get a full essay, raise it on our website: Orderessay



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