One of the most important things about buying a first home is the financing. You will do what is called "alternative financing". You may not have to have a co-signer. If you want a $80,000-$100,000 home, you will probably need to show at least $35,000 total taxable income on the last 2 years tax returns. Putting 20% down may not make your financing all that much better and if you want to conserve cash, it may be best to keep that set aside. There are currently a few programs for first time buyers $7500 down payment and closing cost assistance, $15,000 grant money, and down payment matching grants. Once you have gotten good information on financing and know what "works" for you, we can find a home, townhome or condo that is in the ideal location. We helped another couple who work at a local bar and grill find a perfect place earlier this year. If you have a full time agent with a Masters degree in Planning with Finance and over two decades of experience, working for you, you will likely do better in negotiations. I'd be pleased to provide that service. If you appreciate this answer, please give it a thumbs up, or if this was the most helpful answer, please say thanks with a best answer click.
I'd be glad to help you also, up to you. I'm Gary Mitchell 704-578-9789 I've was born in Statesville and worked in Charlotte since 1974.
DL Morton Realty
Liz Millsaps Haigler
5 Points Realty
Please give me a call or visit our website http://www.PropertiesinCharlotte.com.
ABR, AHWD, ASP, CRS, e-PRO, GRI, SFR, SRES, REALTOR
Serving the Charlotte area since 1990
Licensed in North & South Carolina
Arriero Realty, Inc.
P.O. Box 77283
Charlotte, NC 28271
Then let me know and I can help you find a house...You should be able to do this without yoru parents help based on what you have said.
Helen Adams Realty