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It's a first-time homebuyer's market It's a first-time homebuyer's market, an article from The Denver Post, reports that federal help and willing sellers is helping to speed the process for first-time homebuyers.  A U.S. Department of Housing and Urban Development program allows first-time buyers to make a down payment of only $100 on HUD-designated properties.  Last year, a one-time tax credit was made available to first-time homebuyers.  The interest-free loan can be paid back over 15 years or when the home is sold.  Individuals making $75,000 or less can qualify for the full $7,500 credit.  Couples need to have a combined income of less than $150,000 to get the full amount.  Some homebuyers are also considering a loan from the Colorado Housing and Finance Authority.  CHFA requires that the person selling the home have owned the property for at least 90 days.  http://www.denverpost.com/headlines/ci_11359617 www.judesandvall.com   Posted by Jude Sandvall on 01/15/2009 10:43 AM   Comments (0)   first time homebuyer, hud 100 down program, homebuyer programs   0 Comments on It's a first-time homebuyer's market Notify me of new comments: Email: What does the graphic say? Leave a response… Name: Email: (optional) Comment: What does the graphic say?

Jude Sandvall

Aurora, CO

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Jude Sandall Realty Group ~ Cherry Creek Properties

Address: 5588 S. Parker Road #163, Aurora, CO, 80015

Office Phone: (303) 955-2117

Cell Phone: (720) 255-1021

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