First-time Buyer

So You're Looking for a Home — Welcome to the World of...

Standard Features, Optional Upgrades, Builder Installed Options, Bullnose Corners, Earnest Money, Escrow, Good Faith Estimates, VOE forms, Loan to Value Estimates, Common Areas, HOA Dues, Closing Documents, Titlework!

Buying a home can seem pretty confusing. It almost makes you want to continue renting... Almost!

At Vantage Pointe, we understand that shopping for — and purchasing — a home is a challenging decision for anyone. And if you haven't done it before, it's a whole new world of terms and phrases that can leave you confused and challenged by the entire process.

We're Here to Help!

On this page, we've created a link to HomeBuilder Definition and Terms to help you understand the process. We've also created a link to Common Homeowner Questions. As you begin to work with your Sales Associate, you'll discover that they are trained to meet your needs and help you with all your questions... You can count on your Sales Associate to be your guide through the entire process — from purchase to closing.

Not Convinced that Homeownership is Right for You?

Own vs. Rent Chart

Own	Rent
(1) Your monthly payment can build equity as you are paying off debt.	(1) Rent payments simply pay rent. That money is gone forever.
(2) You can deduct the cost of your mortgage loan interest from state and federal taxes.	(2) Rent is not tax deductible.
(3) Your payments will be fixed. Your budget will no longer be subject to increasing rental prices. You'll also eliminate having to pay damage deposits.	(3) Note from your landlord: Due to increasing expenses, we will be increasing rents across the board by $50 month, beginning next month!
(4) The value of your home may go up a little — or a lot — creating additional value, or equity.	(4) You are helping your landlord create equity, not you.
(5) Go ahead, paint that room!	(5) You live in someone else's home. You live by their tastes... generally off-white.
(6) You can do your laundry whenever you want.	(6) If you've got enough quarters — if the machines are not being used — then you can do laundry.
	(7) Maintenance Free Living.
(8) You're part of community that you have a vested interest in.	(8) The home next door got destroyed by a crazy party last night... oh well.