Generous Home Buyer Incentives

January 18, 2009 at 3:58 pm Leave a comment

Today’s real estate market offers amazing opportunities for home buyers. Interest rates are at historic lows and the prices of homes are incredibly discounted. On top of this great news, there are government programs that help qualified home buyers save a lot of money.

First-Time Home Buyers Incentives:

1. $7,500 first-time home buyer credit if you purchase a home by July 1, 2009. To find out more details about this incentive, visit and click on my blog.

2. Government down payment assistance up to $10,000 in Maricopa County and up to $20,000 in Pinal County for borrowers with credit score of 550 or better. Certain income limits apply and a home buyer class is required prior to funding.

Move-up or move-down home buyers:

Purchasing a government foreclosed homes provide borrowers with great incentives such as:
a. Seller to pay up to 3 percent of buyer’s closing costs
b. Seller to pay up to $5,500 in repair costs
c. $1,000 bonus if buyer offers full price for the home
d. Only $100 down payment on an FHA loan
e. Available only through HUD licensed Real Estate Brokers

Take advantage of this hard-to-come by opportunity. If you know anyone who is looking to buy or invest in a home, now is the time to purchase a home at a bargain price while taking advantage of extremely low interest rates and of generous buyer incentives.

Entry filed under: Arizona Real Estate, Chandler Real Estate, Phoenix Real Estate, Real Estate Deals. Tags: , , , .

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