Oak Harbor Real Estate

First-Time Buyers in Oak Harbor, WA

Buying a home in Oak Harbor is simple with help with the help from Island Brokers Realty

Being a first-time buyer. Are you dreaming of buying a home in Oak Harbor? The property-buying process might be easier than you think with the right help. Buying property can be somewhat confusing for first-time buyers. I can help you find the perfect real estate in one of the many gorgeous locations around Whidbey Island. Following these steps can help you feel confident in buying your first home.

Where do you start?

Once you start, you’re set to go. The first thing you should do is to become familiar with the financing basics. You should develop into an educated shopper, and then get pre-approved for your home.
When you buy your first home, making monthly payments probably shouldn’t be an issue. After all, you're already paying rent to your landlord each month. It's coming up with the lump sum needed for a down-payment that may seem impossible. Fortunately, there are options to make buying your first home a happy reality.

Programs for first-time buyers. There are several local and federal government programs that help first-time buyers get into the housing market. Ask us about these options.

Your lender. Your bank or credit union may be able to assist you in your home purchase. Are you debt free and own something free and clear, like a car? Your lender may lend you the down-payment by securing it against this asset.

Private contracts. Look for a seller to help you buy and finance your home. Some sellers are willing to carry the contract themselves and will waive the down payment. You may only have to pay the monthly mortgage installments.

Need financial solutions?

Credit or tax problems. Do you have problems with your credit rating or owe money in taxes? Buying your first home is still a possibility. Check with your lending institution about options, such as paying a higher down payment.
If necessary, contact a financial advisor or tax resolution service.