We hear a lot of chatter in the news these days about the pros and cons of our government; however, for prospective home buyers, Uncle Sam can be a mighty good friend. The Federal Housing Administration (FHA) is one of our country's most enduring gifts to its citizens. FHA mortgage insurance backstops your FHA loan with the full faith and credit of our country. Without using taxpayer money, FHA insures mortgages on single-family, multi-family, and manufactured homes.
Welcome to homeownership! Whether you just bought your first house or you're still looking at homes for sale in South King County, you're about to begin a very important year. Your first twelve months as a homeowner will set the stage for your financial future, whether you make smart choices that pay off or impulsive choices that hurt your budget. We want to make sure you avoid the most common missteps.
Many new homeowners make purchases and changes they later regret, but you don't have to learn these lessons the hard way. Instead, our team can help you form your own game plan! Start by avoiding these five mistakes during your first year: