|Government Grant Money is now Available! This is Free Money that you do not ever have to repay. Call me today to see if you Qualify|
|HUD OFFERS the Good Neighbor Program...|
|Full-Time Teachers (preschool thru 12th, grade), EMT's, Police Officers, and Firemen are eligible to buy a HUD Home at 50% OFF! This is Not a TYPO! |
A second mortgage " Grant " will be given for half the amount of the home, after living in the home for 3 years the mortgage is forgiven.
Call for more details There are only a few homes and condos available and you must buy in the city you work in. Several cities and towns have available properties in MA and RI.
|City and State Government Programs...|
|You may be eligible for a Grant of up to 6% of the Sales Price for the Purchase of your first home (that's $12,000 on a $200,000 Home !) |
A grant is Free money that does not have to be paid back if you meet the requirements.
Fall River and New Bedford both offer City Grant Programs. Eligible properties include single family homes , multi family homes up to 4 units & condominiums located within city limits.
Borrower must be a first time home buyer or have rented for a minimum of 3 years.
Other Restrictions apply.
Other towns in Massachusetts are eligible for down payment & closing cost assistance.
Grant programs and special financing incentives are available for most cities and towns in MA.
Call me today at (508) 207-3777 and I will be happy to discuss which program may be right for you. There is absolutely no cost for my assistance. I only ask you let me guide you through the home buying process.
*If you are currently working with a real estate professional, Realtor code of Ethics prohibit me from interfering with that relationship.
|Federal Government Incentives...|
|Most of the previously mentioned City and State Grant Programs are simply a re-distribution of Federally Supplied Funds. In addition to these programs the Federal Government also provides incentives to First-time Home Buyers in the form of Tax Credits.|
$8,000 is now available to First-time Home Buyers for homes purchased between January 1, 2009, and December 1, 2009. The previous version of the credit expired on July 1, 2009, and required home buyers to pay the funds back over a 15 year time frame. This newly revised version of the First Time Buyer's Tax Credit no longer needs to be paid back as long as the buyers live in the home without selling it for at least 3 years.
The income limitations remain the same ($75,000 for single tax payers claiming the full credit and $150,000 for married tax payers), as do most other qualification requirements. Also, the credit remains refundable. This means that first-time home buyers who owe less than $8,000 in taxes for the year are still eligible for the full $8,000 credit when they file their tax returns, and the IRS will write them a check for the difference between $8,000 and their actual tax bill. In fact, the credit can be claimed on your 2008 tax returns that you file by April 15 of this year, even if you buy the home in 2009.
Unfortunately, this new program is not retro-active: Therefore, if you bought the home in 2008, the credit remains $7,500, and it still needs to be paid back over a 15 year timeframe beginning in 2011 when you file your 2010 returns.
Don't miss out on this limited time oppertunity. You must have closed on a home between January 1, 2009, and December 1, 2009 in order to be eligible for this tax credit.