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A Guide for First Time Home-Buyers

Unlock The

Power To Own

Empowering first-time buyers with clarity, confidence, and the keys to their dream home.

About the

Author

Zenobia Pressley is a real estate coach and the author of Dream Keys, a guidebook for first-time homebuyers ready to break through fear and ready to conquer confidence, claiming their piece of the American dream.

Zee Pressley

Entrepreneur, Writer and Coach

Dream

Keys

Your First Home Doesn’t Have to Be Complicated

Dream Keys is your step-by-step guide to homeownership, written for real people with real questions—and not-so-perfect credit.

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Frequently Asked

Questions

Good credit is relevant. You can purchase a home using an FHA loan with a score as low as 580; however, rates can vary based on your score.

Yes. Discuss down payment assistance options with your lender. Generally, these programs are area-specific.

Yes. If you are a VA and/or buying a USDA home. No down payment is required. However, your lender can guide you to additional programs that may be available in your area.

You will need to plan to pay your down payment, typically 3-3.5% of the home cost, and any associated closing costs. However, closing costs can be negotiated in most instances.

Condos and town homes come with conveniences; however, these conveniences are paid for by the buyer. There is usually a monthly maintenance fee that is calculated in the total monthly cost of the residence.

Yes. However, do your homework. Ensure that the investment is worth the risk. Consider who will do the renovations, if needed, and the cost of renovations.

Two years is standard; however, there are other conditions, such as having a certificate of completion or a degree in the field you are working in. Speak with your lender regarding the specifics of your situation.

 No. As long as both partners are of legal age or representation, you can purchase a home together.

No. If you are in a position to purchase a home and the house is right for you, buy it. You can buy down the rate, or refinance later when the rates are lower.

Yes, call 346-490-1177 for a FREE 15-minute Consultation.
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