Did you know that counties have grants available to assist home buyers with the purchase of a home? Currently there is a program in Maricopa County that will give buyers a 5% grant to help with down payment and closing costs. This is free money that does not have to be paid back! There is a very similar program for Pinal County that will provide a grant of 4%! Again, no repayment on this money, it is a grant! To make sure the money is going to people who need the assistance to get in to a property, there are a few qualifying factors. Often times it is cheaper for clients not only monthly, but initially to get in to a house by purchasing through one of these programs than it is to move in to a rental.
If you do not qualify for a grant due to income or another factor, there are two new loan types that you might be interested in. One is a 100% financed FHA loan (no that is not a typo). The other is a 5% down conventional loan with NO MORTGAGE INSURANCE!
Author:Future Client Phone: 480-838-9613 Dated: October 8th 2013 Views: 805 About Future: ...
Solutions Real Estate has the Solution to all of your Arizona Real Estate needs. Veteran owned company based in Gilbert, Arizona with several offices throughout the Phoenix Metropolitan area. Currently expanding in southern California in the San Diego market.
"My wife and I worked with Alan and other members of The Valley Solutions Team about a year ago when we were moving to Arizona to buy our first home. We searched website after website, but kept coming back to his team website. Thank goodness we did. Alan was awesome to work with, and was very flexible and dependable. While we had to fly in from out of town he was available to us when we needed him. The searching and buying process went very smoothly and we couldn't have been happier. Then, a just a few months ago, we had the pleasure of working with Alan again. We ended up buying our second home here in Scottsdale. Our situation was a bit more difficult as my husband was away more often then not for work. Alan was more then willing to meet with me when our schedule allowed us to do so, and did everything he could to help us purchase our second home while my husband was away. The second time around went just as smooth as the first and we couldn't be more pleased with our new home. Alan was very easy to work with. He responded to e-mails, and phone calls right away and have a vast knowledge about Arizona and the real estate market. They are the best of the best and we wouldn't buy from anyone else, or recommend anyone else to work with. They are just that good!!!"