Saturday, June 20, 2009

Free Money for your Home Purchase!

Would you like to receive an extra $10,000 towards your home purchase? Move quickly. Special funds are available for qualified buyers (income must be below 80% of the median income for the area). The fund will match your contribution 5:1. That means if you put in $500 (the minimum investment), the fund will contribute $2500. If you put in $2000, the fund will contribute $10,000. The only catch is that you must own the home for 5 years or you will have to pay these funds back. Once you own the property for 5 years, the debt is forgiven. As you can imagine, this money runs out quickly; and only select lenders have this fund available to them in LIMITED quantities. Please note this is in NO WAY tied to the tax credits being offered by the federal government right now, although there are some great programs allowing bridge loans to use those funds up front, as well. Please call me for details.
Vicky Chrisner
Keller Williams Realty
Clicky Web Analytics