The idea of purchasing your first home is an exciting one, but to novices the process may appear to be a daunting one. Fear not, however! There are numerous government agencies and programs available to help you purchase your Los Angeles real estate. Listed below are online sites which provide a wide variety of resources for your assistance.

1. Department of Housing and Urban Development (HUD) offers explanations and logical steps to home buying. Access this site to:

*determine how much you can afford to pay

*understand your rights

*learn about home buying programs

*find a home and a loan suited to your needs

los angeles real estate*learn about price negotiations, inspections, insurance, and closing costs

2. FHAHomeLoans.com will provide you with

*a description of available programs

*qualification requirements

*a application to download

3. HUD.gov supplies information about

*available state programs

*HUD homes

*buying Los Angeles real estate with bad credit

*counseling agencies

*types of loans

4. Fannie Mae brings you a home buyer’s guide which involves

*a glossary of terms

*financing tips

*advice on making an offer on a Fannie Mae owned piece of Los Angeles real estate.

5. For low-income individuals who don’t have funding, can’t secure a conventional mortgage, or need a lower down payment, an option is obtaining grants.

6. And finally, potential homebuyers with disabilities should check out MortgageLoan.com for available resources.