Dreaming of owning your first home?  Tired of shoveling out rent for a home or apartment that doesn't feel like yours?  Take heart, changing from renter to homeowner may be easier than you think.  I'm here to help.  Please read through the rest of this section and when you are finished please contact me I will be glad to help you with any questions.  Let me help you through this process this is what I do.  I am here to smooth out the rough bumps and make buying a home a happy experience.  Call me at 406-209-0387 or send me an email at www.paul.dueringer@prumt.com .

Where do you start?

First of all, learn the financing basics.  Get pre-approved and become a smart shopper. Go to Links & Resources and pick one of the local lenders I have recommended.  Anyone of them will be very happy to help you to find out how much you can affford.  If your credit is not in great shape they will help you to work on your credit rating so that you will be able to afford a home.

When you buy your first home, making monthly payments  probably won't be a problem.  After all, you're already paying rent to your landlord each month. It's coming up with the lump sum needed for a down-payment that may seem impossible. Fortunately, there are options to make buying your first home a happy reality.

Programs for first-time buyers.   There are several local or federal government programs that help first time buyers get into the housing market.  Ask me about these options.

Your lender.   Your bank or credit union may help as well.  Are you debt free and own something free and clear, like a car?  Your lender may lend you the down-payment by securing it against this asset.  As I stated previously Go to Links & Resources to find a lender.

Human Resource and Development Council.  Offers a class for new home buyers that is very good.  It is approximately 10 hours long and is very helpful.  If you qualify as a new home buyer they may help you with your down payment.

Montana Board of Housing they can help you also in the purchase of a home check with one of these lenders that are listed in Links & Resources

Rural Development funds.  Lenders can help you with these funds if you are looking for a home but it has to be outside of the Bozeman area.  Belgrade, Manhattan and Three Forks qualify

Private contracts.   Look for a seller to help you buy and finance your home. Some sellers are willing to carry the contract themselves and will waive the down payment.  You may only have to pay the monthly mortgage installments.

Need financial solutions?

Credit or tax problems.   Do you have problems with your credit rating or owe money in taxes? Buying your first home is still a possibility. Check with your lending institution about options, such as paying a higher down- payment.

If necessary, contact a financial advisor or tax resolution service.