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Down Payment assistance is back !

By
Real Estate Agent with retired

Hello! Just wanted to let everyone know that downpayment assistance is back, of course there are a FEW rules that one must play by to qualify... The government is giving first time homebuyers a true credit of up to $8000.00 on their home purchase. To Qualify, you MUST be a first time home buyer ( no interest in a home for the last 3 years ) and there are income restrictions. Then, the state of Missouri will give you a "loan" at closing for downpayment and closing cost up tp $6750.00 of the $8000.00 credit. You then pay the state back at tax time next year for the "loan" you received. Go to my web page for more info. There are two links for you, one about the tax credit and one for the MHDC downpayment assistance program. www.markalkaseltzer.com  Your Real Estate Information Page !!!!!!!!!      Mark