Little Rock Homes Blog

Nothing compares to the feeling of having a place to call home. At one time or another, however, most of us have felt frustration at seeing hard-earned money go into rent every month rather than a more permanent house payment. Renting is most people’s first step toward homeownership, but what do you need to do to realize the dream of owning ...

If you are thinking about buying a home or ready to by one, getting approved for a loan is a good first step.Talking to a mortgage company and making application for loan approval can make the buying process much easier.You know for sure you can get a loan and what approximate funds you will need for down payment and closing cost.With ...

If you’ve been on the fence about moving into a bigger home, jump off! But make sure you have the right person to help you land softly. Lower prices, more available homes and the exciting new $6,500 federal tax credit for qualified move up buyers create the perfect storm for those interested in buying a new home. But with the many recent ...

First-time home buyers who purchase a home before December 1, 2009 may be eligible to take advantage of an $8,000 tax credit as part of the American Recovery and Reinvestment Act of 2009. Qualifying first-time home buyers may claim a tax credit of ten percent of the purchase price, up to $8,000, or $4,000 for married individuals filing ...

Simply put, a mortgage is a loan that a homebuyer obtains directly from a lender to purchase real estate. The mortgage is a lien on the property that secures a promissory note (promise to repay the debt) that states the terms of the loan, including the interest rate and the number of payments. The most popular mortgages available to home buyers ...