San Diego Down Payment
FACT: Most people want to own their own home
FACT: Ownership has huge financial and tax advantages
FACT: For most people coming up with the down payment is their #1 obstacle
We are at a unique time in history. Interest rates on loans are low. The prices of homes are low. The inventories of available homes are high. Never before have these 3 key elements in home ownership been so advantageous for a buyer. It is indeed a great time to buy.
“But I cannot come up with the down payment I need to buy a home.”
If that statement is you I have great news. The County of San Diego has begun a program that is designed to assist the first time home buyer. This is from the county’s web page:
“The County of San Diego offers low-interest deferred payment loans of up to $35,000 or 33% of the purchase price whichever is less for low-income first-time homebuyers. The loan funds may be used to pay down payment and closing costs on the purchase of a new or re-sale home.”
So what is the catch? There really isn’t one. That is what makes this program a real winner. Here are the main qualifications:
- Employed with an income
- You must be a first time home buyer
- You will need to put 1% of the purchase price as a down payment
- Home must be a single family residence, condominium, townhome, or manufactured home on a permanent foundation.
There is so much more I want to tell you about this program. I want you to know all about it. So please, do yourself a favor and fill out the form below. Once you confirm your e-mail address I will instantly send you more details about the program. The e-mail I will send you talks more about the qualifications, the financial benefits, and the communities where you can purchase a home.
Don’t wait till tomorrow. Dream. Dream Big. Fill out this form and that dream home might become yours.