The Perfect Storm for the home buyer who feels like they have a stable job, good credit, a little money, you will owner occupy and don't think you will be leaving or wanting to move for 10 years and you want to live in these areas. Boy, do we have a deal for you! City of Fort Worth will launch its program March 2009 to give you the home buyer $25,000.00 yes you heard me right $25,000.00 big ones.
Of coarse you have to want to live in the following zip codes 76131, 76137, 76133, 76123, 76179, 76112,76248 with the city of Fort Worth as your address (some of these might be Keller, Haslet etc zip codes as well if they are not really city of Fort Worth they do not qualify.)
You can't make to much money either 1 person can't make more than $54, 250 a year it goes up the more people in your family.
You have to purchase a lender-foreclosed home as well. That should not be to much of a problem since most of the foreclosures are in theses areas.
My whole team has been trained for this program and we have talked with Emily Weathers at Innovative mortgages who is an approved lender and knows how to get this loan done.
Add some BAM to your deal if you are a first time home buyer on top of that your friendly Federal Government is giving you another $8,000.00 tax credit if you buy prior to December 2009.
That is a great deal combined with the current cost of homes as well as the current interest rate. What are you thinking if you don't at least look into this deal?
Seriously, this is just to good to be true but it is the truth. Yes, there are some conditions that if you don't follow it is not a great deal so you must completely understand the transaction.
You need to find someone that won't take you down the wrong path with a home with major issues, not a good buy and that you are not fully aware of all the terms in which you must live by to do these programs.
Dude, you can put down any where between 10-20k down on the principle of the loan and you don't have to pay it back if you stay for 10 years. This is simple math my friends simple math.
http://www.fortworthgov.org/ecd/info/default.aspx?id=61060
