Becoming a homeowner is still the American dream however being a first-time home buyer can be a frustrating situation. Breaking news! We are pleased to announce that Tirelli-Pierce Real Estate, LLC settled two homes yesterday and BOTH home buyers had refunds at settlement. That’s right, their settlement costs and down payment were covered by a grant provided by the NJHMFA assistance program. With the NJHMFA down payment assistance program, a statewide program that provided $10,000 to qualified first-time home buyers to use as down payment and closing cost assistance when they purchased their home. With both of these settlements, that took place yesterday, the homeowners walked away with their earnest money deposits being returned to them after signing. Contact us right away to find out how you can be in your new home with possibly no out-of-pocket costs for settlement and/or down payment, and you may even receive a refund after signing. 856-362-5651. To qualify for this program, you must be considered a first-time home buyer; if you have not owned a home within the previous 3 years, also credit scores must be at least 620 and you must purchase your house within New Jersey. This program makes a huge difference in the lives of many and we have seen much success for those who would not be able to afford a house otherwise. Our staff and team are knowledgeable and they can help anyone with the application process and to help you find your dream home.
Being a first-time home buyer is exciting and one of the biggest obstacles for new home buyers is having enough cash for closing and down payment and alleviating this obstacle is the way to homeownership. Oftentimes it is thought that the new home buyers are just for those who are young but in fact most first-time home buyers can be of any age. Prior to these grants closing costs usually ran between 2% and 5% of the mortgage value or required 3.5% to 10% down depending on your FICO score. Contact us today for your free homebuying evaluation. You are closer than you think to being in your very own home. |
Tirelli-PierceTirelli-Pierce Real Estate, LLC reduces the complexity of buying or selling a home or commercial property that often perplexes people that seek help from real estate brokers and sales agents. Archives
December 2019
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