All agents are NOT alike! Find out why we are top real estate experts. Call us: (512)825-8891.

Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >

Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

The Monica Pottorff Group are some of The Top Selling Real Estate Experts™
Find Out More >

First Time Homebuyers: Lake Travis, Lakeway and Barton Creek Texas home buying, real estate listings, and homes for sale in Travis and Williamson County, TX

Welcome > For Buyers > First Time Homebuyers ...

Buying Your First Home? Real Estate Agents 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 Lake Travis, Lakeway and Barton Creek 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...

	About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State:
Country:
Zip/Postal Code:
Phone:
	About Your Move
When Are You Moving?
Where Are You Moving?
	About Your Home Search
Your Price Range?
Number Of Bedrooms?
Number Of Bathrooms?
Home Size In Square Feet?
	Additional Info
Please Enter More Details, Along With Any Comments, Concerns, Or Questions:
Send Latest Listings:
Send Latest News:

*Please note that fields marked with an asterisk are required.

Quick Response Guarantee >
We Guarantee Your Privacy >
Free & Without Obligation >

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.

	See All Tips In The "Buyers Remorse" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q	What are the three most common environmental toxins for which homes are tested?
A	Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts.
See More Real Estate Trivia >

Coming Soon
Find Out More >

The Monica Pottorff Group, REALTORŽ, real estate agents and broker for Lake Travis, Lakeway and Barton Creek Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Monica Pottorff Group
Capital City Sotheby's International
2802 Flintrock Trace
B-104
Austin, TX. 78738
Cell: (512) 825.8891
Office: (512) 261.0008
Fax: (512) 261.0009
Email: monica@monicapottorff.com
The Monica Pottorff Groups business philosophy is built on creating long-term relationships with our clients, and because of it, we are one of the top teams in the city of Austin, Texas. The large referral business we receive reinforces our mission to customize our services to meet each and every situation and to provide professional and personable customer service. Monica is a member of GRI, (Graduate Real Estate Institute), ePRO, (Internet expertise), and ABR, (Accredited Buyer Representative). She is also very proudly involved in numerous philanthropic organizations including Any Baby Can, the Junior League of Austin, the Ballet Austin Guild, Make-A-Wish Foundation, and Austin Childrens Shelter. We specialize in the Lake Travis and West Austin areas and in luxury, lakefront, lake view, golf course and gated communities. You are guaranteed a first class experience with the Monica Pottorff Group. Call us if you are planning to buy, sell or build residential real estate anywhere in beautiful Austin or in surrounding areas such as Dripping Springs, Cedar Park or Round Rock.

www.MonicaPottorff.com is brought to you by The Monica Pottorff Group
NUMBER1EXPERTS™ in real estate for Lake Travis, Lakeway and Barton Creek, Texas, luxury homes, waterfront properties

Read our Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge