The August 22, 2009 HUD approved ABCs of Homebuying class held at Rogue Community College was packed! Maybe this is because of all the incredible incentives Rogue Valley home buyers have available to them, such as the $8,000 first time home buyer tax credit set to sunset November 30, 2009, the City of Medford’s Down Payment Assistance program that gives matching down payment funds and closing costs up to a total of $15,000 to eligible first time home buyers purchasing a home in Medford, or the recently/soon to be released Neighborhood Stabilization Program that gives matching down payment funds and closing costs AND repair costs up to $50,000 to eligible home buyers purchasing eligible foreclosure properties. The down payment assistance programs required that recipients complete approved Homebuyer Education courses in order to receive their funding, and I’m guessing this is exactly what the 40 students in Saturday’s class are planning to take advantage of. Who wouldn’t, if they could get any of this funding, especially at zero interest with no monthly payments on these two down payment assistance programs?!?!
Are you a Rogue Valley renter who would like to own their own home? Check out these articles about ways you might be able to accomplish your goal, or feel free to call me for a no obligation consultation.
See you at the closing table!
Karen Cooper – OR/CA Mortgage Consultant – www.Quality4Loans.com
How To Buy a Home In The Rogue Valley, Oregon | Using The FHA Home Loan
How to Buy a Home In The Rogue Valley, Oregon | Using the USDA Guaranteed Rural Housing Loan No Money Down Program
How to Buy a Home In The Rogue Valley, Oregon | Using Neighborhood Stabilization Program Funds
How to Buy A Home In The Rogue Valley, Oregon | If You Are A Self-Employed Borrower
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