02/27/2024
Is this really true?!
YES. Get this - there is a provision in the CARES Act that allows first-time buyers to get a $10,000 boost. Here’s how it works.
First-time home buyers can withdraw up to $10,000 from their 401k WITHOUT the 10% penalty when buying a home.
This can help cover expenses like down payments and closing costs, bringing homeownership within reach.
An interesting option but of course, consult with a financial advisor and a trusted lender to determine what’s best for your scenario.
Send this to a friend who’d find this interesting!
Longenbaugh Group
Realtors®️
915.422.5412 | 915.241.5747