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The Novosad Team, LLC, REALTOR®, real estate agents and broker for Grand Rapids, Forest Hills, and East Grand Rapids Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why we are top real estate experts. Call us: 616-437-0209.






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First Time Homebuyers: Grand Rapids, Forest Hills, and East Grand Rapids Michigan home buying, real estate listings, and homes for sale in Kent County, MI
Welcome > For Buyers > First Time Homebuyers ...


Buying Your First Home? REALTORS® Are Your Professional Guides. Make Sure You Choose Top Experts. 

You might be a bit afraid or intimidated by the whole process of buying your first home. As top Grand Rapids, Forest Hills, and East Grand Rapids real estate experts, it's our job to guide you, from beginning to end. 

We will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached. 

New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly... 

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Real Estate Tips
Buyers Remorse >First Time Loans

Most first-time buyers can qualify for a mortgage loan, but they may need help from parents to make the down payment or closing costs on their home. There are loan programs that minimize the down payment and closing costs for first-time buyers. These programs usually require that 3 to 5 percent of the purchase price come from the buyers' funds, not from a loan or gift. Most lenders ask for the last three months' bank records. The borrower will be asked to reveal the origin of any large deposits. If the money comes from the homebuyer's parents, the lender may not consider those funds when qualifying the buyers.

Parents who are planning to help their children finance a home should transfer any funds several months before the house-hunting process begins. If it is a loan rather than a gift, a formal re-payment agreement should be drawn up between parents and children to eliminate potential misunderstandings or future complications with either estate.

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Real Estate Trivia
Q 
What is the average age range of a second-home buyer in the United States?

A 
Currently, second-home buyers in America are most often between 41 and 44 years of age.
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The Novosad Team, LLC, REALTOR®, real estate agents and broker for Grand Rapids, Forest Hills, and East Grand Rapids Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

The Novosad Team, LLC
Keller Williams Realty

630 Kenmoor SE, Suite #101
Grand Rapids, MI, 49546
616-437-0209
616 464-1712
Cell: 616 437-0200
Fax: 1-866-553-6215
lisanovosad@NUMBER1EXPERT.com

We are a team of dedicated Realtors with years of combined experience and over 325 satisfied clients in the Grand Rapids area. You can count on us for superior service, upfront answers and professional results. Selling your Home?---In this challenging market, selling requires a team effort and full-count press. We don’t make empty promises or use hocus-pocus to market your property. We just get the job done! Buying a Home?--This is as much an investment decision as it is a lifestyle choice. Let us help you find the perfect blend. Relocating? -- When a transfer to West Michigan beckons, have us scout the road ahead for you to make a smooth transition. We also can refer a Buyer’s Agent to help you find a home in your new venue out of state.

ABR CRS Equal Housing MLS REALTOR


Keller Williams Realty real estate and homes for sale in Grand Rapids, Forest Hills, and East Grand Rapids Michigan

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