Thursday, April 02, 2009

Free Money! If you're not buying your first home you're crazy!

I wish these programs had been around when I bought my first home! Frederick County is offering $5,000 to $7,000 grants for first time homebuyers. Other counties have similar programs. You can add that to the Federal Grant match program which matches $5 for every $1 you spend (you put down $1,000 Uncle Sam will give you $5,000) up to $10,000! Oh and don't forget the $8,000 federal tax credit that you can collect this year! Home prices are great, interest rates are historically low, local and federal governments are giving away free money...if you are not actively shopping for your first home then...why not?? Like all programs there are income limitations and other criteria needed to qualify for these programs but they are very reasonable. If you want to own your own home, now is the time! Give me a call.

4 comments:

joseph aldeguer said...

nice post. i like reading your other posts as well because they are very informative and sometimes witty. :) keep on posting!

Richard Stabile Bergen County New Homes said...

It is wild to see all the things going on. If you wrap it up with a FHA loan at 3.5% down and low as a 600 credit score, we are are back to a very compelling reason to buy a home now!

adrin said...

Your post is just terrific and If buyers want to own their home, now is the time.

Boise real estate

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