The State of Indiana is now passing down their share of the stimulus money from President Obama. It is possible for buyers to get up to $15,000 towards the purchase of a home. This money can be used for DOWN PAYMENT, CLOSING COST, and REPAIRS. The main guidelines are as follows:
1) Not only for first-time home buyers - buyers could have previously owned a home
2) Home must be owner occupied
3) Home must be a foreclosure
4) Buyers must meet mortgage approval
5) Buyers must income qualify
6) Home must be in "target area"
If you would like more information, please contact me at 557-5478.
Friday, November 6, 2009
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