|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 802-846-8800.
|
Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Find Out More >
View All Offers >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
The Carol Audette Team is one of
The Top Selling Real Estate Experts™
Find Out More > |
|
|
 |
Special Offers From Me To You! Just for you, I've assembled some Special Offers. Choose one or all!  
Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
|
|
| Q |
What is considered the oldest surviving non-native building in the U.S.?
|
| A |
The governor's palace in Sante Fe, New Mexico, built in 1609, was constructed with materials and methods adapted from the native Indians.
|
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
