sheepAre you a first time home buyer who feels that you may have trouble qualifying for a normal loan? Are you willing to consider purchasing in a rural area? The Nevada Rural Housing Authority's Home At Last (TM) program may be the answer to your prayers. Through the sale of tax-exempt bonds, this program has provided both down payment assistance and low interest rate loans to over 700 first time buyers throughout the State of Nevada. I am working with some clients right now that are about to close escrow on their first home using funds from this program. It has provided them with an extremely competitive interest rate (in the high 3's at the time they locked!), as well as some assistance with their down payment that doesn't have to be paid back!

Don't want to live out in the country with a bunch of cows and sheep? No worries! The Nevada Rural Housing Authority's idea of "rural" is any place with a population of fewer than 100,000. That includes such notable rural areas as Sparks and Carson City! And I haven't seen any cows wandering down Victorian Avenue or Carson Street lately.  

If you haven't bought a home in the last three years, or are a veteran, you may qualify for this program. I strongly encourage you to speak to your lender about it; it is a great deal and well worth a look 

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Copyright © 2012 Linda S. Humphrey, all rights reserved

 

 

 

 

 

 

 

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Linda S. Humphrey, M.D., CDPE, e-PRO, EcoBroker, GREEN

Broker/Owner - Humphrey Home Connections Realty, LLC

cell: 775-287-4665

office: 775-232-8515

www.HumphreyHomeConnections.com

 
Posted by Linda Humphrey, CRS, Broker/Owner HHC Realty on 01/20/2011 12:41 AM   Comments (2)   First Time Buyers in the Home Buying Channel   home buyers, reno nevada real estate sales, first time buyers  
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2 Comments on Nevada Rural Housing Authority's Home At Last(TM) Loan Program For First Time Buyers

JAN
20
2011
680,554 Points 51 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Linda, we had a house go under contract yesterday with a program similar to this here.
7:25am • #1
135,125 Points 7 Featured Posts Attended Rain Camp Called Shot Master

Hi Connie - Ours is a great program, but not widely publicized. Good luck with your buyers; aren't first time buyers so fun?
10:06am • #2


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Linda Humphrey, CRS, Broker/Owner HHC Realty

Reno, NV

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Humphrey Home Connections Realty, Reno, Nevada

Address: 719 Caughlin Glen, Reno, NV, 89519

Cell Phone: (775) 287-4665

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Observations on home and investment property purchase and sales in the Reno, Sparks, and other Washoe County areas. In addition, reviews of local businesses, area activities, and day-to-day life are highlights


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