To avoid buyer’s remorse, be sure to contact Diane Butler at drdbroker@gmail or call 626-641-0346.
Think you and your family don’t make enough to buy a home? Worried about your low credit score or lack of down payment? If these issues have prevented you from even beginning to look for a new home, let me assure you that help is on the way.
Most home buyers are not aware that many programs exist to help them purchase a home. Often, the lenders selected by the buyers or their agents prefer to avoid the extra paperwork and so do not inform their clients about these programs. Financial aid for home buyers in California comes from cities, counties and the state itself.
The assistance comes in many forms.Some allow zero down payment. Some are outright grants of money. Some come as “silent seconds” which are only repaid when the home is sold. Some eliminate mortgage insurance. Some are directed towards buyers with low credit scores. Future home buyers in pricey California would do well to find a lender who is conversant with these programs and start the process.
Here is a sampling of assistance available to first-time home buyers. Note that a “first-time” home buyer is one who has not owned a home in the last three years.
Most of these programs are for “low-income” individuals and families, but in Southern California that can mean up to $120,000 or higher family income. Each program is different and attempts to answer different borrower needs.
These are just SOME of the mortgage assistance programs available. Many cities in Southern California also offer some type of aid. It costs nothing to ask and may make the difference between buying and renting.
For further help either with home buying or selecting a lender, feel free to call me, Diane Butler, at 626-641-0346 or email me at firstname.lastname@example.org.
The WordPress.com stats helper monkeys prepared a 2014 annual report for this blog.
Here’s an excerpt:
A New York City subway train holds 1,200 people. This blog was viewed about 6,300 times in 2014. If it were a NYC subway train, it would take about 5 trips to carry that many people.
Investing in single or multi-family homes and dealing with tenants isn’t for everyone. For those with the intestinal fortitude to have tenants, now is a terrific time to invest in rental property. Loan rates are low and the deals are out there. For the first time in a long time, it’s actually possible to buy property with 20% to 30% down and get a cash flow right away. In the past, of course, SoCal real estate was so pricey that the best investors could hope for was appreciation of the property. Now, even in SoCal it’s possible to get a cash flow deal and make some passive income right away.
A few years ago, I invested in two fourplexes in San Antonio, Texas which are now supplying a tidy cash flow every month. Attaining that income wasn’t easy. First, I had to renovate the properties, both built in 1940 and…
View original post 535 more words