The typical obstacles for most first time home buyers are poor or insufficient credit history,
no down payment, and in the central coast market, affordability. Most prospective first time buyers aren't aware of the many programs available to help
them overcome those barriers to home ownership. |
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| * Were you aware that there are programs that will offer below market interest rates |
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and down payment assistance to first time buyers? |
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| * Were you aware that some of these programs are available for low to moderate |
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earners and some have no income limitation at all? |
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| * Were you aware that some first time home buyers are eligible to use up to $10,000 |
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from their IRA toward a home purchase without penalty? (Check the details with your tax adviser). |
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There are many ways to make the worthwhile goal of home ownership happen. And,
now with historic market wide price declines making housing more affordable, there is
a perfect storm of opportunity for first time home buyers on the central coast. Because
of this, Mint Properties will host several home buying workshops in the coming months. Sign up now -- space is limited! Please contact Mint Properties at (805) 938-9950 for more information on upcoming workshops and for a free first time home buyer consultation.
Also, the following resources are great starting points in your research: |
