Is your credit history good enough to buy a home?

Is Your Credit History Good Enough to Buy a Home?

Buying your first home is not easy. Especially post recession, when the banks tightened up on their lending requirements and consumer protection regulations have changed.  The homebuying process requires discipline, commitment, and a willingness to climb the steep learning curve to becoming a homebuyer. However, interest rates are still a tremendous bargain and homeownership is […]

Keeping Fluctuating Mortgage Rates in Perspective

  Do you obsess about fluctuations in mortgage interest rates? The average 30 year mortgage rate just went down from last week’s 4.01% to 3.97%, a difference of .04 percentage points. Well…so what? What does that small change mean to you, the homebuyer? Are you keeping fluctuating mortgage rates in perspective? In a nut shell, it […]

Man shovels snow from his driveway.

How to Shovel Your Driveway

Use Your Tax Refund to Grow Your Down Payment

Are you facing a bump on the road to buying your own home? You really want to buy a house or a condo. Your rent is going up faster than your paycheck and you want to invest in your future instead of your land lord’s. But coming up with a down payment is a big obstacle. […]

First-Time Homebuyer program gift certificate

Give the Gift of Expert Advice this Holiday Season with a Homebuyer Gift Certificate

We all know someone that wants to start looking for their first home. For first-time homebuyers, the entire process is intimidating. There are a lot of questions that buyers want to ask, but there is not always an expert at hand to give the answers they need. Buying a home is one of those times when […]

Couple moves out after foreclosure.

Is the Housing Crisis Over?

Unemployment figures are down, home values are on the rise, and the economy is generally moving in the right direction. However, many people are still feeling the effects of the home crisis. Unfortunately, this means they are struggling to pay their mortgages or their home is under water (they owe more than the home is […]

You don't have to put 20% down on your home.

Do You Really Need a 20% Down Payment to Buy a Home?

Conventional wisdom says that you need a 15 or 20 percent down payment to buy a home; otherwise you won’t be approved for a mortgage.  That may have been true twenty years ago, but times have changed and so have the down payment requirements for buying a home. If the hurdle of saving for a […]

Kids playing in neighborhood with father.

5 Steps to Choosing the Right Neighborhood for Your First Home

Your career is going well, you are financially stable, and you are tired of renting. Sounds like the perfect time to buy your first home. After deciding what you want in a new home and what you can afford to pay, you need to determine where you are going to buy. You might already have […]

2015 National Housing Survey Results

The 2015 National Housing Survey Results Have Been Released

As a charter member of NeighborWorks America, the HomeOwnership Center of Greater Dayton has access to many tools, surveys, and sources of information that are all designed to guide homebuyers down the smart path to homeownership. One powerful source of information is the 2015  National Housing Survey. What can this year’s survey tell us about […]

Homebuyer Fair – October 24th

Here at the HomeOwnership Center, we know a lot about buying, maintaining, and keeping a home. We also know that many of our clients come to us because they don’t have the knowledge and experience they need to buy their first home with complete confidence. Buying a home is a massive investment; you will typically […]