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How to Finance a New Home

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From Quick Guide: Buying a Home Guide

Summary: Watch as a real-estate professional explains how to finance a new home in this free online video for novice homebuyers.

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By John Jackson
eHow Presenter

John Jackson has put together a professional real estate team known as John Jackson & Associates. John's keen sense of fit turns the house buying process from only a financial one...read more

Series Summary

Buying your first home is not the intimidating ordeal you might think. Although it is likely to be the most expensive thing you'll ever own, the home buying process is much simpler than most people think. Realtors, agents, contracts, home loans, pre-qualification letters, buyer loyalty agreements, sales and purchase agreements and banks are just a few of the many things to consider when starting the process of purchasing a house. Luckily, real estate agent John Jackson has teamed up with Expert Village to explain and demystify the seemingly daunting task of becoming a home owner.

In this series of free video clips, John takes you through the process of buying a house step-by-step, including how to start home shopping, choosing a neighborhood, and getting what you what when purchasing your first home. He then explains the various agreements and paperwork you'll need to close the deal. After watching these videos you'll be able to start your house hunting with confidence.

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Video Transcript

"Hi, I'm John Jackson with Remax Suburban in St. Louis, Missouri. I'm here today to talk about how to buy a house for Expert Village. In this clip, we're going to talk a little bit about financing a new home purchase. It's probably the most important part of buying a new home. There are several steps involved and the first one is going to a bank, just like this one behind me here. Many banks are great options for home buyers. The other option being a mortgage broker. They are slightly different in the way they operate and the services and products that they offer. It's important to identify the type of home that you're going to be looking at and to be sure that with your purchase qualifications, the lender that you choose has the best purchase options, mortgage options for your particular situation. So I always recommend talking to at least two different lenders just to make sure that you are getting the best option available for you."

eHow Article: How to Finance a New Home

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