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3 years ago
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Any benefits for first time home buyers?

I want to buy a foreclosed mansion in Grosse Pointe. Any moneys from the government for first time buyers?
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KIM  CANEDA
KIM CANEDA
Real Estate Professional
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yes..there is grant money that is financial based...low FHA down payment of 3.5% and 3% of your closing costs paid...a dninterest rates are the best motivator along with our market that has over corrected price wise..allowing deep discounts on properties!!! Is that enough to motivate you? KIM

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Erna Sigurdsson, Realtor
Erna Sigurdsson, Realtor
Real Estate Professional
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3 years ago
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Work with a Realtor in your area. You don't pay them a commission, the commission is paid by the seller and a Realtor will be able to help you find First Time Homebuyer programs that you may qualify for. Working with a professional is your best bet. Good luck in your home search!

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3 years ago
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FHA loans with only 3.5% down is the main one I know about.

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check with a real estate agent or attorney. there are benefits to purchasing a house. weigh your options carefully!

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Marg Properties
Browsing Housing
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3 years ago
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FHA home loans allow first time home buyers and current home owners buy a home with less than 3.5% down or FHA home mortgage refinance up to 96.5% of the homes value.

Source: fha-home-loans (dot) com

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lin xiaoyun
Browsing Housing
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3 years ago
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http://www.ejerseysoutlet.com

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lin xiaoyun
Browsing Housing
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http://www.ejerseysoutlet.com

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