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Becoming a First-Time Homeowner Free Essay, Term Paper and Book Report

Within the past few years, the economy has been in a state of crisis. Many Americans are jobless, and companies have gone out of business. Out of the industries that have suffered, one that was hit the hardest was real estate. And with foreclosures on the rise, the government has set up incentives for Americans to purchase homes, with the hopes of stabilizing this industry. For many, the idea of purchasing a first home can be an intimidating and stressful experience. The amount of steps to complete and decisions that must be made by the buyer may seem overwhelming. Without the proper knowledge a buyer can wind up making a poor choice, resulting in overpaying for a home, or paying a high interest rate on the loan. With the proper knowledge and tools, a first-time-homebuyer can purchase his or her first home with confidence. The key to completing any task is proper preparation. This holds especially true for buying a home. Without preparation, this task can be frustrating and unsuccessful. A first-time homebuyer would be wise to sign up for a homeownership workshop. A homeownership......

Word Count: 2492
Page Count: 9.9  (250 words a page / double spaced)

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