Yikes!

Yikes! I guess our poor blog was neglected this week. Sorry about that. It's just been a little crazy around here with all the people calling us and asking us about the $5,000 grant that is being offered in our community to help people buy homes.

Yeah, you read that right. There is a program here that each year offers people $5,000 to help them purchase homes. It's a grant with a couple of strings attached but not unreasonable ones. The first one is that the buyer(s) can't make over a certain amount of money. That amount is based upon how many people live in the house and what county the house is in. The second string is that the grant has to be paid back, proportionately, if the house is sold within 5 years.

There are a few more, but it's really like getting free money. Talking about free money, the Tax rebates are going to expire in just a little over a month. Up to $8,000 for people who haven't owned a home in the past 3 years and up to $6,500 for people who currently own their home and lived in it for 5 of last 8 years who are buying another one. This program runs out April 30th, 2010! You must have a contract accepted by then to get it.

Together, a first time home buyer can literally buy a $80,000 house and owe only $67,000 on it! It's almost like putting close to 20% down!

It's crazy...which again explains why we've neglected our blog this week.

Give us a call. Let us help you buy a house.

Scott

Scott Williams
Realty Five of Defiance
Defiance, Ohio
888.766.8627
Scott@realtyfive.com
www.realtyfive.com
"We choos to give."