Biggest Obstacles of First-time Home Buyers
By Christine Kim, Real estate agent serving Los Angeles' Westside
Houses for Sale in Beverly Hills CA | Biggest Obstacles of First-time Home BuyersHouses for Sale in Beverly Hills CA - Buying your first home can be a daunting experience. From finding the right property to obtaining financing, there’s a lot to consider. It’s important to be aware of the biggest obstacles first-time home buyers face and how to overcome them. Down Payment ChallengesOne of the biggest challenges for many first-time home buyers is saving up enough money for a down payment. The good news is that you don’t necessarily need 20% down to buy a home. In fact, there are many low down payment options available such as FHA loans which require as little as 3.5% down, or VA loans that require no down payment at all if you meet certain qualifications. Additionally, there are several ...