What is a first-time homebuyer? A first-time homebuyer might refer to someone who has never purchased a home before, but in some contexts, the definition is actually much broader. Homebuyers who don’t have a substantial down payment could be eligible for down payment assistance through first-time homebuyer grants and loan programs, even if it isn’t their actual first time buying a home. To qualify for many of these programs, buyers must simply not have owned a home for at least the previous three years.
smart home technologies to improve their quality of life. Connected devices and appliances perform actions, tasks, and automated routines based on a homeowner’s preferences. Smart technologies enable homeowners to save time, money, and energy.