Is there a break for Florida first time home buyers regarding closing costs or mortgage?
Hello fdoglet, Please don’t listen to the bitter oldskoolballr. He/she is not even in the industry and must have been burned by his/her own mistakes, and has nothing better to do with their time but to discourage others to do what they SHOULD be doing, and thats taking advantage of a down market. The facts don’t lie. Home affordability is higher than ever, their are available tax credits and some of the lowest interest rates ever recorded for home loans. There may never be a better time to buy a home than right now. As Velilla said before, the seller can pay up to 6% of the purchase price towards your closing cost and this should take care of all your closing cost. Your only contribution may be the 3.5% down payment required by HUD/FHA. There are even programs available to first time home buyers to take care of the 3.5% down payment. I see you are in Dunedin and the program that can take care of your down payment in Pinellas County would be the Tampa Bay CDC. You will have to qualify b
