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Your Chance for a Home the Owners "Hate to Leave" in High Point, North Carolina
Act now and take advantage of this sellers motivation to SELL NOW!
| Larry Story CHMS, SRES, CNRS, CNAS, CNMS | Coldwell Banker Triad Realtor's | 336-327-1841 |
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Posted: Jan 13, 2010, 5:38am PST
The Author:
Larry is a Greensboro Residential Broker, CARTUS Certified Relocation Specialist, Previews luxury homes trained, SRES & CHMS who can assist you with the purchase and/or sale of real estate in the Piedmont Triad Area that include but, not limited to Greensboro, High Point, and Winston Salem, NC. If you’re relocating to or from any other area of the country, Larry connects you with a member of our national team of relocation specialist in your destination or exit city of choice. The destination service is of no cost to you! As your Personal Concierge Realtor Larry provides customer service that is equal to none. Your complete happiness is our top priority! Larry Story — Coldwell Banker Triad Realtors — 336-327-1841 also at http://www.storybookhomes.ws
Copyright© 2010 By Larry Story, All Rights Reserved…
High Point, North Carolina offering Down Payment Assistance for first time buyers.
Actual down payment assistance being funded by local municipalities! One for example is in High Point, NC where the city is offering down payment and closing costs assistance for eligible low and moderate income first time homebuyers. Now of course the property must be within the city limits of High Point, NC.
Their purpose is to help the hardworking citizens with good credit in the low to moderate income levels to buy their own home by the giving of a deferred low interest loan in able to reduce their out-of-pocket expenses for buying a home.
Yes it is a loan but the interest is deferred for 3 years at 5% and the maximum amount is $5,000. Now the buyer must put at least $500 of their own money in to the process. So if you have a buyer that is pre-qualified is biting at the bit to buy but, just does not have enough saved up you might just have your answer right here.
2008 Income Limits
| Persons in Household | Very Low Income (30% Median) |
Low Income (50% Median) |
ModerateIncome (80% Median) |
Area Median Income | ||||
| 1 | $11,850 | $19,750 | $31,550 | $39,500 | ||||
| 2 | 13,500 | 22,550 | 36,100 | 45,100 | ||||
| 3 | 15,200 | 25,400 | 40,600 | 50,800 | ||||
| 4 | 16,900 | 28,200 | 45,100 | 56,400 | ||||
| 5 | 18,250 | 30,450 | 48,700 | 60,900 | ||||
| 6 | 19,600 | 32,700 | 52,300 | 65,400 | ||||
| 7 | 20,950 | 34,950 | 55,900 | 69,900 | ||||
| 8 | 22,300 | 37,200 | 59,550 | 74,400 |
Lender Criteria
Offer conforming loans with 1% or less origination fee.
No associated charges, i.e. brokers fees, costs, etc. for providing the loan.
Loan to Value ratio cannot be less than 90%.
Maximum loan amount cannot exceed current FHA Mortgage limits.
Market interest rate for loan terms.
Inform, educate, and facilitate the application process.
Qualify for the loan.
High Point, NC downpayment assistance
The Author:
Larry is a Greensboro Residential Broker, CARTUS Certified Relocation Specialist, Previews luxury homes trained, SRES & CHMS who can assist you with the purchase and/or sale of real estate in the Piedmont Triad Area that include but, not limited to Greensboro, High Point, and Winston Salem, NC. If you're relocating to or from any other area of the country, Larry connects you with a member of our national team of relocation specialist in your destination or exit city of choice. The destination service is of no cost to you! The Coldwell Banker Triad's service guarantee puts us way ahead of the competition by providing customer service that is equal to none. Your complete happiness is our top priority! Larry Story - Coldwell Banker Triad Realtor's - 336-327-1841 also at http://www.storybookhomes.ws
Copyright© 2009 By Larry Story, All Rights Reserved...
An Amazing Spacious Home in a Wonderful Community
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The Author:
Larry is a Greensboro Residential Broker, CARTUS Certified Relocation Specialist, Previews luxury homes trained, SRES & CHMS who can assist you with the purchase and/or sale of real estate in the Piedmont Triad Area that include but, not limited to Greensboro, High Point, and Winston Salem, NC. If you're relocating to or from any other area of the country, Larry connects you with a member of our national team of relocation specialist in your destination or exit city of choice. The destination service is of no cost to you! The Coldwell Banker Triad's service guarantee puts us way ahead of the competition by providing customer service that is equal to none. Your complete happiness is our top priority! Larry Story - Coldwell Banker Triad Realtor's - 336-327-1841 also at http://www.storybookhomes.ws
Copyright© 2009 By Larry Story, All Rights Reserved...
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