income restrictions: Resources for First Time Buyers in Santa Cruz County
- 08/29/09 05:15 PM
The definition of who is considered a First Time Buyer in Santa Cruz County might surprise you. If you have not owned property for three years, you might qualify as a First Time Buyer. The program is an amazing resource that allows people of lower to medium income to get a foot in the home-ownership door. The basics of the program are as follows: You cannot have owned property for three years You must meet income restriction requirements (see County website for specifics) You must contribute five percent of the down payment towards closing costs The program will lend you up (0 comments)