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FIRST TIME HOME BUYERS NOW ELIGIBLE FOR 3 PERCENT CLOSING COST ASSISTANCE
As if you needed another reason to bring your dreams of home ownership to light, there are so many programs out there for 2015 first time home buyers! Between sky rocketing rental rates, possible tax breaks for owning a home, and gaining equity in your home each month; the values of home ownership are really attractive. Talk to your mortgage lender today about the programs available through Fannie Mae and new 2015 FHA guidelines to see what you will qualify for.
Starting Tuesday April 14th, mortgage giant Fannie Mae announces that they are offering first time home buyers up to 3% of the purchase price in assistance with closing costs on their eligible HomePath Buyer Ready Program properties.
To be eligible for the program, buyers must:
Must be a first-time home buyer (who has not owned a property in the past three years) and who has plans to reside in the property as the primary residence. Auction, pool and investor sales are not eligible.
Make their request for closing cost assistance at the initial offer, submitted on or after April 14, 2015.
Read the full article "Fannie Offers Closing Cost Aid to First Timers" from RealtorMag.
Visit the Fannie Mae website for additional information about the HomePath Ready Buyer Program.
Source: “Fannie Mae Launches HomePath Ready Buyer Education Program for First-Time Home Buyers,” Fannie Mae (April 14, 2015)
Tatyana Sturm and The Storck Team have specialized in relocation real estate for the last 10 years in Southeast Aurora, Centennial, and Parker. We live, work, and raise our families here and our community is our true passion. Whether you are buying your first home, upgrading to make more room, or downsizing now that the kids have grown up The Storck Team would love to give you a tour of Aurora’s top homes for sale in your price range. Call or text (720) 350-5909 to schedule your private showing.
Tatyana truly understands the dynamics of selling homes in the Denver Metro real estate market and is an expert at educating her clients so they can make the best and informed decisions for their need....
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