| Buying a new home is exciting, but coming up with | | | | a person broke, or make the deal fall through at the |
| the cash to purchase your new house can be difficult. | | | | last minute. By obtaining first time home buyer |
| First time home buyer grants provide government | | | | grants, individuals who qualify to receive these funds |
| funding to help individuals make what may be the | | | | can come up with money that they ordinarily would |
| biggest purchase of their life. This is money that can | | | | not have to purchase their home. |
| be obtained regardless of income or credit, and can | | | | For some people that means having a real |
| help come up with down payment funds more easily. | | | | opportunity to buy a home, while for others that |
| Many first time home buyer underestimate just how | | | | simply means the ability to keep more of your own |
| much cash is needed in order to purchase a home. | | | | money to use on buying furniture or other expenses. |
| While 80 percent of the sale price can typically be | | | | By finding and applying for first time home buyer |
| obtained through a home mortgage, there is still a lot | | | | grants that are available in your area, individuals can |
| of money that is needed to close on your new | | | | receive as much as $20,000 in government |
| home. | | | | assistance that never has to be paid back. That's not |
| - Closing Costs | | | | a bad deal for those who are willing to also take |
| - Moving Expenses | | | | advantage some of the best mortgage rates and |
| - Taxes and Fees | | | | rock bottom home prices. |
| All of these things quickly add up and can either leave | | | | |