If you are part of a young family that is about to become a first time home buyer, or are buying because you need room for an expanding family, there are some things you need to know.

Many people believe that Fair Housing Act is designed to prevent discrimination based on race, color, age, or creed. And that is certainly true. What many younger families sometimes encounter are sellers not willing to sell their house to families with young children. However, the Federal Housing Act is very clear on the subject. Unless an area has been designated an area for older people, sellers or lenders cannot discriminate against children under the age of 18 living with a parent. If this happens to your family you can file a complaint here.

When looking for a new home, be sure and look at as many houses as possible in your price range. Compare several loan packages before making a choice. By comparing features and benefits you will make yourself a much more informed buyer.