homebuyer: Neighborhood Stabilization Program Provides Up to 20% Downpayment Assistance
- 02/21/11 05:05 PM
The Neighborhood Stabilization Program also known as NSP or Dream To Own is a program that assists qualifying homebuyers with a grant of up to 20%, of the property purchase price , for down payment and closing costs. This is a federally funded program that is designed to renovate properties that may be considered blight or in particularly hard hit foreclosure areas in Toledo, Ohio. The properties are renovated to move in condition sporting the likes of new updated kitchens, baths, carpet, ceramic tile, interior paint, new heating systems, hot water tanks, exterior siding, roofs, etc. There are homes available in several areas of … (0 comments)
homebuyer: Setting Priorities in Home Ownership (renting vs buying) Reality Check
- 03/10/10 06:58 AM
Instant gratification has become a cancer in our society, buying everything on a credit card, without regard to paying for it...again it truly is all about being responsible and setting priorities. So many times, I have witnessed new home buyers, overspending on furniture, big screen TV's, motor homes, boats, giving no thought at all to the everyday expenses of housing, utilities, and clothing. They elect to not make the house payment or the rent payment in lieu of having the latest, greatest cell phone or eating out every day for every meal or having the biggest cable channel package available. Where are the … (1 comments)
homebuyer: Potential Home buyers that wait stand to lose $$$
- 03/08/10 02:06 PM
Those home buyers who are sitting on the fence may have a lot to lose by waiting too long. Only 52 more shopping days left to take advantage of the tax credit. The First time home buyer and move up tax credits for current homeowners (see www.federalhousingtaxcredit.com for details) of up to $8000 and $6500 are set to expire on April 30, 2010. Qualifying buyers get a tax reduction that means cash back in their pocket or a reduction of taxes owed if they have not had enough withholding during the year. (still meaning more cash in your pocket) Mortgage rates … (4 comments)
homebuyer: First Time Home Buyers
- 11/09/09 02:12 PM
Attention 1st time home buyers...by now you have heard about the opportunity from the Federal government with the 10% of purchase price up to $8000.00 tax credit. Truly a wonderful opportunity however it is important for you to follow a progression in seeking out a new home. First it is important to get a pre approval from a quality lender to determine just what your purchasing power is. It doesn't make sense to start looking for a home with a price you have in mind if a bank will not loan you that amount of money. If you start looking in … (0 comments)
The Neighborhood Stabilization Program also known as NSP or Dream To Own is a program that assists qualifying homebuyers with a grant of up to 20%, of the property purchase price , for down payment and closing costs. This is a federally funded program that is designed to renovate properties that may be considered blight or in particularly hard hit foreclosure areas in Toledo, Ohio.
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