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Free Money! First Time Homebuyers
Is there any reason why "Professional" real estate agents are not more "in tuned" to the amazing programs available to First Time Home Buyers?  As a loan professional, I often wonder why agents who state they are out to help their buyers have no interest in these program.  Most cities in the state of California have First Time Home Buyers Programs.  I guess it is not really free money, but nearly free. Example today I went to the City of Carson's program.  Out of all of the licensed real estate agents in and around Carson, California I was surprised to see only about 35 licensed agents?  This program will give a qualified first time homebuyer up to $100,000! All the buyers have to do is take ONE 8 hour class, not have owned a home in the past 3 years and meat the income requirements, no bad for $100,000.  This particular program places a lien against the home for the amount and only has to be paid paid if the homeowner refinances, sells or leases the property.  What these programs do?  These programs help your buyers qualify for more home! Example say a buyer wants to purchase a home for $325,000 ... more

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