How to Fund a Down Payment for Your First HomeBeing a homeowner has many benefits. Homeowners can decorate as they wish, own pets without a hassle, gain a tax deduction, and begin to build wealth as they pay off their mortgage and the home increases in value. For many people, however, coming up with a down payment is a significant hurdle. The hurdle, however, can be overcome. Here are some down payment options that can help homebuyers get the keys to their new purchase.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

Zero and Low-Down-Payment Loans

Some loans require no down payment or minimal down payments. Examples include:

  • VA loans, backed by the U.S. Department of Veteran's…

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What Kind of Mortgages are Available?Buying a home is an exciting time, but it can be overwhelming, especially for first-time buyers who have decided to stop renting. The mortgage process involves many steps, including pre-qualification and preapproval. Not to mention, there are several different mortgage options offered by lenders. Before starting the house-hunting process, it's important to understand how mortgage options work and what types of loans are available. Here's a broad overview of mortgage options to get you started.

For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.

Conventional Loans

Conventional mortgages are a type of loan that isn't insured or guaranteed by the…

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Understanding How Capital Gains Taxes WorkOnce an individual buys a home, their tax circumstances can dramatically change. With homeownership comes property taxes, school taxes (if applicable), and capital gains taxes when the property is sold. The latter tax should be planned for long before a property goes on the real estate market. Not familiar with capital gains tax? Here's a rundown of what all homeowners should know.

For informational purposes only. Always consult with an attorney, tax, or financial advisor before proceeding with any real estate transaction.

What Is a Capital Gains Tax?

If a homeowner sells their home for more money than they paid for it, they might be required to pay capital gains taxes on the difference. Whether this tax is applicable largely depends upon…

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pride month in austin texasHappy Pride Month! A celebration of the LGBTQ+ community's diversity, equality, and visibility. Whether you're a member of the community or an ally, here are events to enjoy and celebrate this Pride month!

West Chelsea Contemporary X Queer Eye's Jonathan Van Ness: "On The Wall"

June 2 - July 11

JVN X WCC 'On The Wall' is a curation of emerging artists featuring Lanecia Rouse, A’Driane Nieves, and Ben Medansky. Featured alongside the current exhibition, Icons & Vandals, are hand-selected works by JVN that offer collectors a chance to acquire original art by the three talented appreciating artists.

Know more about JVN x WCC 

 

2021 aGLIFF Pride Mini Film-A-Thon Weekend

June 4 - June 6

To celebrate Pride month, aGLIFF will host a…

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zilker park in austin texas

Mark your calendars and join the fun with Austin's top events film festivals, live music, Juneteenth, Pride Month celebrations, and more! Check out what to do in Austin this June 2021 with our June Events list!  

Austin Asian American Film Festival

June 4 - June 20

The Austin Asian American Film Festival (AAAFF) celebrates feature filmmakers' unique voices and create a forum where viewers can come together to experience the wide array of Asian American Pacific Islander (AAPI).

AAAFF Event Details

 

Austin Black Pride

June 8 - June 13

This pride month, the Austin Black Pride is a week of events that are created to highlight Austin's Black LGBTQ+ community interests, talents, and culture. The event will be held in various…

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