Currently buying a home looking to buy ASAP agent says he can have us in a house in 45 days but if we buy a HUD house we will have to wait a few months what should I do save money and buy a HUD house or buy now so I can go in sooner. Also what are the main issues with going HUD or bank owned first time home buyer and I am so confused thank you.
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editorial roundup,
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A bit of advice from one who also was once a first-time homebuyer: don’t rush into anything. It’s a buyer’s market and there are tons of properties to choose from. You will probably be in whatever you buy for a few years, so get the best deal you can and make sure the property suits your family’s needs. If the place needs a lot of work that will cost you tens of thousands above the bargain price you pay for it, that may not be as excellent a deal as one that costs you a bit more but has new carpets and such.
Working with a buyer’s agent can help narrow down the choices, but remember that they work for commission and it’s in their best interest to get you to buy quickly. They don’t have to live in your house; you do.