The Property Emporium's National Relocation Service

                                         The Buyers Guide To Real Estate                                                               Planning                      

By Robert A Reynolds

                  How do the up front costs of buying and selling compare?                                                       

Hard as it may be to believe, if you are eligible for a VA loan in the Fayetteville area you can get into your home for less cash than renting. As an example: If you were to rent a home for $500.00 a month, you would need your first months rent plus a $750.00 deposit for a total of $1250.00. Also, The utility companies also charge much higher deposits to renters over home owners. If you were to purchase a $60,000.00 home on a VA loan you will only need $600.00 to cover closing costs. Your monthly payment would only be between $500.00 and $550.00 including taxes and insurance.

• I think I want to buy a home-how do I start?

• How do I determine how much I can afford?

• How do I know how much monthly payment I can afford?

• How much down payment do I need?

• What sources can I use for my down payment?

• What formulas do most lenders use to determine what monthly payment they will approve?

• How do I go about choosing an area and and a specific home?

• How do I choose a neighborhood?

• Should I look at existing homes or new construction?

• I'll only be in the area six months-should I buy or rent?

• How long do I need to be in the area to make buying a good decision?

• Is it really a good idea to buy instead of rent?

• When is the best time of the year to buy?

• How do the up front costs of buying and renting compare?

• What are the advantages of buying a home?

• How much appreciation can I expect?

• What does Homeowners insurance cover? 

                                                     Choosing A Home 

                                                           The Offer

                                                    Money & Financing