


|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 704-458-4636.
|

Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
|
Compare
three mortgages at one time. Download TripleCalc now. It's
free.
|
|
|
|
Charlotte, Lake Norman and Huntersville
Information:
-
About Charlotte, Lake
Norman, Huntersville and Surrounding Areas - Moving to Charlotte, Lake Norman and Huntersville,
North Carolina? Get info here...
-
School Reports -
Reports for Charlotte, Lake Norman and Huntersville schools kindergarten,
elementary, and high schools.
-
Charlotte, Lake
Norman and Huntersville Photo Gallery - Tour North Carolina in
pictures.
-
Relocating? - Free real estate
information & relocation package if you're relocating to Charlotte, Lake Norman and Huntersville,
in Mecklenburg County NC.
-
Go to Main Sitemap
- Main sitemap sections include Find Charlotte, Lake Norman and Huntersville
Homes, For Home Buyers, For Home Sellers, Charlotte, Lake Norman and Huntersville
Information, Real Estate Resources, and About Team Heidi.
Please Sign Up For The Latest Listings and the Latest Real Estate News
Buyers Remorse >First Time Loans
Most first-time buyers can qualify for a mortgage loan, but they may need help from parents to make the down payment or closing costs on their home. There are loan programs that minimize the down payment and closing costs for first-time buyers. These programs usually require that 3 to 5 percent of the purchase price come from the buyers' funds, not from a loan or gift. Most lenders ask for the last three months' bank records. The borrower will be asked to reveal the origin of any large deposits. If the money comes from the homebuyer's parents, the lender may not consider those funds when qualifying the buyers.
Parents who are planning to help their children finance a home should transfer any funds several months before the house-hunting process begins. If it is a loan rather than a gift, a formal re-payment agreement should be drawn up between parents and children to eliminate potential misunderstandings or future complications with either estate.
|
 |
| Q |
What area in the U.S. has been referred to as the "American Riviera"?
|
| A |
Miami Beach in Biscayne Bay is Florida's pre-eminent place for "people watching" and a hot spot for celebrities.
|
See More Real Estate Trivia > |
|

NUMBER1EXPERT
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|