Posts Tagged ‘ downpayment ’

HUD homes: $100 downpayment in Florida

Jan 5th, 2012 | By

In Florida and a handful of other states, the Department of Housing and Urban Development (HUD) will sell homes it owns for only a $100 downpayment, providing buyers meet certain conditions.
Buyers must plan to live in the home and pay full list price. They must also take out an FHA loan, and standard underwriting rules [...]



SHIP funds to help homebuyers

Jul 3rd, 2009 | By

The City of Bradenton Housing and Community Development Division has about $130,000 available to help residents make down payments on houses if they qualify.
The funds are part of the $482,236 in State Housing Initiatives Partnership (SHIP) funding from the Florida Housing Finance Corporation that the City received for the 2008-09 program year.
To qualify, the applicant [...]



$8,000 First-Time Homebuyer Tax Credit

Feb 24th, 2009 | By

How does a first-time homebuyer take advantage of the $8,000 tax credit that President Obama is expected to sign into law tomorrow? It comes with a few rules. According to the most recent analysis, the following rules will apply – though things could change as tax professionals weigh the details:
• The deduction is worth 10 [...]



Bradenton: Funds available for home downpayments

Jan 7th, 2009 | By

The City of Bradenton Housing and Community Development Division received $482,236 in State Housing Initiatives Partnership (SHIP) funding from the Florida Housing Finance Corporation for the 2008-09 program year. The City has approximately $125,000 available for down payment assistance for persons earning up to 80% of the Area Median Income (AMI). The maximum annual income [...]