Loncor Property Solutions

Tag: homeownership

14 Jun

NC Down Payment Grant: What Every First-Time Home Buyer Needs to Know

First Time Buyer

NC Down Payment Grant: What Every First-Time Home Buyer Needs to Know

Curious about the NC down payment grant? This article breaks down exactly what it is, who qualifies, and how you can use it to buy your first home. If you're looking for real tips and up-to-date facts to get you started, you'll find honest answers here. Plus, you'll get tricks to improve your chances and avoid the usual mistakes. Whether you're stuck on saving or just unsure what's available, this is your go-to guide for North Carolina's grant program.

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22 Jan

Understanding Shared Ownership: How to Calculate Your Share

Real Estate

Understanding Shared Ownership: How to Calculate Your Share

Shared ownership homes provide an affordable path to homeownership, allowing buyers to purchase part of a property and pay rent on the remaining share. Calculating the share of ownership involves understanding the property's total value, the initial equity investment, and any associated costs. It's essential for prospective buyers to grasp these concepts to make informed financial decisions. This article explores the process, offering insights and tips to navigate shared ownership effectively.

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