Ready to Move Home to the Country?

Alright, so you’ve decided it’s time to pack up your family and head for the hills.

A nice rambling country farmhouse will do nicely you figure.

More space, lower crime rate, and a chance to learn to live off the land (at least during the summer months).
But what can you do if you don’t have a lot of cash on hand and you know nothing about rural housing markets or for that matter, mortgage terms?

Start with something you know, a banker or real estate agent you trust to give you sound advice and information without trying to make money off you or sign you up to some new program. Ask a lot of questions and try to get a rough estimate on the amount of money you have to come up with or commit to as a down payment for that country farm house you’re after. Ask about conventional mortgages and the current housing market.

And don’t be discouraged! This is your dream after all…

There are options to conventional mortgages if you just can’t swing a second mortgage or a higher cost of living to get that larger home you wanted. Check into FHA or VA mortgages to resolve ‘too high’ down payment issues – with lesser closing costs and longer amortization periods, FHA mortgages may be the best option for you.