Leave a comment »Coconut Creek Real Estate: Tax Credit May Be Gone But Assistance is Still Out ThereIf you are looking at buying Coconut Creek real estate the home buyer tax credit may be gone but assistance is still out there. Potential first time home buyers have options to explore when considering jumping into real estate. One of the first hurdles when buying a home for the first time is often coming up with a down payment. Even a good saver may have a hard time saving the thousands that can be necessary for a down payment. Luckily there are options for help.
The Department of Housing and Urban Development (HUD) has many
assistance and reference programs. HUDs website has links to Habitat
for Humanity, rural housing, and a number of home buyer programs in
your area. The HUD website can be a great resource, offering a wealth
of information on what is involved in purchasing a Coconut Creek home.
The Federal Housing Agency (FHA) is another agency offering information and assistance. The FHA helps buyers buy homes with both low interest rates and a small down payment. Where a standard down payment can be anywhere from 10 to 20%, an FHA loan can require as little as 3.5% down. Standard loan fees can be wrapped into the loan through FHA as well.
If home ownership seems like a pipe dream, it doesnt have to. If you have a steady source of income then you have mastered one of your biggest hurdles. Contact a Coconut Creek real estate professional today to learn more about purchasing real estate in your area.
Click here to visit the HUD website.
For the best in Coconut Creek real estate
experience and knowledge contact Silva Stoyanova at 954-673-4402.
Silva has access to the Coconut Creek MLS and all available listings in
the area. http://www.coconutcreekrealestatehomes.com/005457
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