04/13/2023
Have you heard about the bill that was recently signed for First Time Home Buyer Assistance???🏠💸✨
This is BIG NEWS for anyone looking to purchase a home! This should take effect on 7/1/23 and is very exciting because it is meant to make homeownership more affordable. Homeownership should be an option for everyone and this bill will help give that opportunity to more people!🤗👏🏼
Requirements:
•Up to $20,000 for down payment, closing costs, and other costs associated with buying a home.
•First Time Home Buyer's who have not owned a home in the last 3 years.
•A maximum purchase price of $450,000.
•New construction ONLY!
•In the event of a sale or refinancing you must repay the $20k back (or 50% of your home's equity, whichever is less.)
•Must be owner-occupied.