The company claims that these financial perks will make it easier for a first time home buyer in Eastpointe MI.
Owning a property has become a symbol of individual accomplishment, marking the success of one’s endeavor in his field and enabling him to acquire a home of his own. It has always been a part of human need to find a permanent shelter to stay in, where they could be themselves, and having a home is the first step to owning a personal space in this world.
While buying a house is not as easy as one may think, Conquest Real Estate group emphasizes that buying a home is far from an impossible task. As the company helps out a keen first time buyer Eastpointe MI, as listed within their Trulia website, http://www.trulia.com/profile/Conquestrealestate, Conquest reveals that there are actually many advantages once somebody decides to buy a home. Most of these perks are financially associated and can assist with funding for mortgages.
Lower Down Payments
Financial institutions usually expect first time home buyer Eastpointe MI to pay a down payment for up to 20%. While this can be a great amount for those who wants to purchase their first house, but a first time home buyer can take advantage of loan programs available—most every home buyer can but especially first time buyers. There are programs that offer a smaller down payment, from 0% to 3%. The big difference converts into a huge amount of savings, making home shopping more affordable.
Ask Assistance from HUD
Another perk is that lending companies can feature limit on the fees they charge. Similar to the reduction in the down payments, this can be made possible through the government subsidized assistance. For an annual cost, the Department of Housing and Urban Development (HUD) insures the first time buyer Eastpointe MI’s mortgage, reducing the potential risks to the loaning company. In return, these companies can charge lower amounts as well, which helps lower down payments to their clients.
Even low income first time home buyers can be eligible for various subsidized interest programs. This allows one’s mortgage to be more reasonable, allowing them to pay it quickly. With the many services ready to aid the eager home buyer, one can acquire their dream home in a convenient way. Conquest Real Estate suggests one should take advantage of these home buyer perks. They also recommend asking for the advice of a real estate expert; see them in their site at http://www.ConquestRealEstateGroup.com.
About Conquest Real Estate Group: The Conquest Real Estate Group helps people looking to purchase real estate within the City of Detroit and the surrounding Metro Detroit suburbs. The group helps first time home buyers and experienced real estate investors. Currently, they provide service for real estate properties in Detroit, Southfield, Lathrup Village, Oak Park MI, Farmington Hills, Livonia, Redford, Eastpointe, Harper Woods, and Warren MI.
Conquest Real Estate has different divisions, which helps investors with the entire real estate investing process, including identifying investment properties, rehabbing properties, marketing and tenant placement, and property management. They have people who understand the entire local Section 8 process, including helping real estate investors pass their Section 8 property inspection and selecting the right tenants with Section 8 payment vouchers.
You can learn more about them by visiting their website at http://www.ConquestRealEstateGroup.com or calling them at (248) 809-4372.
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Contact Information:
Nakia Muhammad
Conquest Real Estate
(248) 809-4372
Southfield, Michigan 48075
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