save to buy a house in huntsville al: Alabama First Time Homebuyers Savings Account
- 08/13/19 10:09 AM
Becoming a homeowner is a big step with big rewards. It can, however, also be a challenge, especially when it comes to saving for a down payment. Thanks to a new law that went into effect in 2019, Alabamians can save for a down payment with the First-Time Homebuyers Savings Account Program, a tax-free savings account dedicated to the purchase of a first home. It also applies to those re-entering the housing market, for those who haven't owned a home in the last 10 year. Individuals or couples can open one of these tax-free savings accounts at any local bank, credit union or other financial institution in Alabama. The (0 comments)