First-Time Home Buyer Steps: A Guide on How to Buy a House

The steps to buy a house might seem complicated—particularly if you’re a first-time home buyer trying to purchase real estate for the very first time. Between down payments, credit scores, mortgage rates (both fixed-rate and adjustable-rate), property taxes, interest rates, and closing the deal, it’s easy to feel overwhelmed. There’s so much at stake with a first home!

Still, if you familiarize yourself with what it takes to buy your first home beforehand, it can help you navigate the real estate market with ease. So let’s get started!

In this step-by-step guide, you’ll learn what it takes to buy your first home, from beginning to end. Whether it’s your first time in the real estate market or you’re an experienced homeowner who wants to brush up on your skills, this list has you covered.

Step 1: Start gathering a down payment

The very first step every first-time home buyer should

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How to Become a Contractor: Step-by-Step Guide

The construction industry in the U.S. accounts for hundreds of thousands of jobs each year, as well as ample business opportunities for those who want to own a business in the booming industry. Most construction business owners fall under the category of contractor, but there are several variations of contractors running profitable businesses throughout the country.

However, to join the ranks of successful contractors in construction, it is necessary to answer specific questions including what is a contractor, how to become a contractor, and what are the requirements to become a licensed contractor. This guide offers in-depth answers to each of these pressing questions for individuals who want to become contractors in the industry.

This guide on how to become a contractor also provides detailed information about what contractors can earn, the career prospects of contractor businesses, licensing requirements, and how to create long-term business success. If you are considering

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A 2020 Guide to Taxes for Independent Contractors

Independent contractors play a significant role in the U.S. economy, at least for now. From your cab driver to your food delivery person, you interface with independent contractors every day. You might even be an independent contractor. Even I’m an independent contractor!

Unlike employees, independent contractors remit tax payments on their own. I’ll say that at least two more times in this article because it’s just that important. Here’s how you pay taxes as an independent contractor.


Overview: What is an independent contractor?

Independent contractors are one-person businesses that provide goods and services to clients for a fee. People and companies engage independent contractors for a specific work purpose, relying on their expertise to complete the work.

Whereas employers can have significant control over their employees’ work processes, a business cannot dictate how and what its independent contractors do to achieve the business’s desired result.

The U.S. government has been

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HUD and HUD Homes: Your Complete Guide

What Closing Costs Does HUD Cover?

HUD will cover the following closing costs on a HUD Home transaction, according to HUD.gov:

  • Prorated property taxes, HOA fees and utility bills
  • Condominium or HOA transfer fee
  • Cost to provide condominium documents to the buyer
  • Repair escrow inspection fee of $200
  • Recording fees and charges for the deed
  • Overnight mailing fee for the Closing Disclosure
  • State and local transfer taxes

There are additional closing costs HUD may help pay for, up to an amount that is equal to 3% of the purchase price; be sure to talk to your real estate agent about requesting these funds in your contract.

Will HUD Make Repairs?

No matter how your home inspection turns out, you won’t be able to negotiate with HUD to have any repairs completed. You also won’t be able to complete them

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Museums and Historic Homes: 2021 Discover Richmond Annual Guide | Disco-rich-body



RICHMOND SHAKESPEARE FESTIVAL

Agecroft Hall hosts the Richmond Shakespeare Festival.




The Richmond region is rich with museums and historic homes that preserve local history and beauty, and many offer seasonal concerts and activities. Days and hours can vary (and may be limited for some sites), so call or check websites before visiting. (Area code 804 unless otherwise noted.)

Agecroft Hall: The 15th-century English Tudor mansion was dismantled in Manchester, England, and rebuilt in 1925-26 on a 23-acre site in Richmond. Collection includes documents, furniture, ceramics, textiles and more. Also home to the Richmond Shakespeare Festival in the summer. (4305 Sulgrave Road; 353-4241; agecrofthall.org)

American Civil War Museum: Collection of artifacts, documents and sites related to the war and its legacy, reflecting multiple perspectives: Union and Confederate, enslaved and free American American; soldier and civilian. Collection also features more than 3,000 items relating to African American history and military, social and

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The Investor’s Guide To HUD Homes

Key Takeaways

  • Learn the answers to the most frequently asked questions regarding the purchase of HUD homes.
  • Did you know that there is a way to purchase property owned by the government, often for below market value?
  • Discover how to buy HUD homes for sale, which involves an online bidding process.

Have you ever heard of HUD homes? Perhaps you will be interested to learn that there exists a niche of properties that are foreclosed upon, only to be sold by the government at a later date. Below you will find explanations for some of the most popular questions surrounding the properties offered by the U.S. Department of Housing and Urban Development (HUD homes), including an overview of how to buy this particular type of real estate owned property.

Buying HUD Homes: Frequently Asked Questions

Buying HUD homes may seem like a bewildering task, not unlike learning how

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What Is A Condo? | Beginner’s Guide to Housing Types

For some house hunters, the thought of maintaining a house and a yard conjures up anxiety. Luckily, there are different kinds of properties to choose from that don’t entail a lot of upkeep — and come at a reasonable price to boot. One of those options is a condominium.

Not sure if buying a condo is your jam? Here’s a primer on condo living to help you decide.

What is a condominium?

A condominium, called “condo” for short, is a privately owned individual unit within a building of other units. Condo owners jointly own shared common areas, such as pools, garages, elevators, outside hallways and gyms, to name a few. While condos are typically found in high-rise buildings, you can find detached condos in some markets.

“A homeowners association typically manages the common areas and oversees the covenants, conditions, and restrictions (CC&Rs) that apply to the property,” explains Holly Leonard,

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Your Guide to Buying a House in The Bahamas

There are plenty of great reasons to consider buying a house in The Bahamas. 

The islands enjoy better weather than most of the world. The people are friendly — just ask the thousands of expats who call The Bahamas home — and the lifestyle is relaxed. There are numerous tax advantages to Bahamian residency and buying property in The Bahamas can be the first step toward citizenship — and help you fast-track the application process.

Of course, buying real estate in The Bahamas is a major commitment. Although the Bahamian real estate market is considered relatively stable, prospective buyers should always exercise due diligence before any significant purchase (especially if that purchase is in a foreign country).

In this guide to buying Bahamas real estate, I’ll take you through some of the most important considerations and provide some useful advice and resources to make your purchase straightforward and free of

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How to Buy a House – The Legend of Zelda: Breath of the Wild Wiki Guide

Last Edited:

In The Legend of Zelda: Breath of the Wild, it’s possible to own your very own home! To do so, you must travel to West Necluda into Hateno Village.

Just to the West of Myahm Agana Shrine, look for a small footbridge behind the Bolson Construction Homes to find an abandoned house with men working to demolish it.

Speak to Bolson – the man in pink pants, and tell him you want to buy the house.

He’ll offer an outrageous price – but if you agree he will lower the price to cost you 3,000 Rupees if you bring him 30 bundles of wood first. There’s a nice big forest just outside of Hateno – so long as you clear out the Bokoblins lurking around the trees first.

Once you purchase it, it’s yours to own – and even comes with a free

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Finding Duplexes for Sale | Complete Guide

As an investment, a duplex has a unique appeal. Owning one can give an investor a way to live in one side of the property while renting the other side out. Read on to learn how to find a duplex for sale and things to consider when buying one.


Disclaimer: REthority is supported by ads and participation in affiliate programs. We may earn a commission when you click our links. The information included in this post is for informational purposes only and should not be taken as legal or financial advice.


Finding a Duplex for Sale graphic against salmon background

Jump to:
  1. Where to Find a Duplex for Sale
  2. Working with Brokers
  3. Paid Listing Services
  4. Financing a Duplex Sale
  5. Duplex Difficulties

Where to Find a Duplex for Sale

If you’re searching for duplexes for sale, the web is the best place to start. In fact, that’s one of the easiest ways to find your ideal property. After all, we

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