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All agents are NOT alike! Find out why we are top real estate experts. Call either Linda 402-680-2875 or Pat 402-681-0300.

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First Time Home Buyers
Welcome > For Buyers > First Time Homebuyers ...

Buying Your First Home? Real Estate Agents Are Your Professional Guides. Make Sure You Choose Top Experts like The Lichter Team. 

You might be a bit afraid or intimidated by the whole process of buying your first home. As top Omaha, Papillion and Bellevue real estate experts, it's our job to guide you, from beginning to end. 

Have you heard about the tax credit for first time homebuyers of up to $8000? We know that it is almost impossible for you not to have heard about it by now.  

On November 6th, 2009 President Obama signed a bill that extended the tax credit until April 30th, 2009. The one exciting feature about this new bill is that as long as your purchase agreement was written by April 30th you will have until July 1st to close on the home. Most homes are able to close within 30 days of an accepted contract. The tax credit amount is still 10% of the purchase price of the home up to $8000. To be considered a first-time homebuyer you must not have owned a home within the last three years. There are some income limits that apply: $125,000 for single buyers and $225,000 for couples.
Information on the New Tax Credit
Frequently Asked Questions Regarding Tax Credit 

We will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached. 

New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly... 

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Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia
Q 
What famous hotel did John Wayne, Lee Marvin & Elvis Presley stay at while filming on Kauai?

A 
The Coco Palms
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The Lichter Team, REALTOR®, real estate agent and broker for Omaha, Papillion and Bellevue, Nebraska home listings, property and land for sale - NUMBER1EXPERT(tm)

The Lichter Team
NP Dodge

16909 Lakeside Hills Plaze, Suite 119
Omaha, NE 68130
Linda Ciochon-Lichter: 402-680-2875
Pat Lichter: 402-681-0300
Information: TheLichterTeam@NUMBER1EXPERT.com

As one of the top teams in Omaha and the surrounding area we are able to provide one of the most well rounded marketing plans that will help get your home SOLD. Whether it's your first move or your last don't make another with The Lichter Team. We bring good neighbors together.

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