A LARGE number of 1st time home buyers simply don’t have enough money saved up, even though they can afford these homes.
It seems like it would be a good time to GET OFF THE FENCE AND STOP RENTING!!!!
With both this program and the 8K tax credit available, and the fact that housing is more affordable now in Parker(small Cottonwood houses are 135K now.) Now you can get your down payment money loaned to you, then the loan is paid off with your tax credit next year. Guess that makes it a no-money down deal! Seems doable.
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