Friday, November 6, 2009

Market Stabilization Program

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.

No comments: