Buying your first home? Here's what you should know.

Thanks this was good info. I've finally found
some one I can trust and buying my home
from its small but i like it and allot cheaper
than my other place. I wont be in my 80's
and still paying off a home but i'll be in my
60's. I'm going to put some extra money down
on the home when i get my taxes back. 

Thank you for that information. It gives me more things to think about when I get my new house soon. I've already been approved through a lender for a loan, so now I have to make sure I have enough money saved up and find a house, hopefully soon. I also have a realtor I'm working with. Any tips before I buy let me know.

The government has a program called ABLE Accounts for people on Social Security Disability.  Basically, if you meet certain criteria, you can put your money in an ABLE account and it won't be counted against your resource limit.  The downside is if you die with any money in the account, the State gets the money.  It also has limits on what you can spend it on.  But it's better than nothing and may actually help some of us get off the dole.

I think its worth nothing about this new Startup company that will match a percentage of your savings DESIGNATED for home purchaes only. Check them out. But take note, you might have to work with their lender.

https://digs.co/features/

Briana posted:

Looking to invest in your first home and you just don't know where to start? The Penny Hoarder lays out exactly what you need to expect when buying your first home. Is this helpful? Feel free to share your first home buying experience with others in this thread! 

Learn more about buying your first home here: https://bit.ly/2H0mkIO

What a great article! Even informative when it's not your first home purchase!

Great article. Really helpful. I'll definitely make a note of important things. Thank you for sharing.