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Exploring New England First time Home Buyer with Tommy Bolduc
Manage episode 451918131 series 3618353
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This podcast episode provides a comprehensive guide to first-time home buying in New England. It focuses on the four key factors lenders consider—capacity, capital, collateral, and credit—and explains how to improve each. The episode also highlights the availability of down payment assistance programs to alleviate the financial burden of a down payment, dispelling the myth of needing 20%. Finally, it offers advice on navigating the unique challenges of the New England real estate market, including older homes and seasonal variations.
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