There is still a 100% financing option for first time home buyers purchasing single family homes. The home must be in the city of Columbus, in the Columbus city school district. The borrow can receive 6% of the purchase price or $5000 for down paymenet, closing costs and prepaid items. The buyer must contribute $500 towards the transaction; Homeowner education and City of Columbus Inspection required.
Income guidlines based on family size:
One two three four five six
$36,600 $41,800 $47,050 $52,250 $56,450 $60,600
This is a great opportunity to use with the $7,500 federal tax credit ( www.federalhousingtaxcredit.com)
to help first time buyers get a home in Columbus, clintonville, University district, Northland, Victorian Village, Italian Village, Eastmoor, Berwick, Westgate, Merion Village and other Columbus Neighborhoods.
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