📞 (941) 518-1247 📧 Lesliehaasfl@gmail.com Realty One Group Sunshine
Discover Your Dream Home: My Home Buyer Guide is your essential companion on the journey to homeownership. Packed with expert advice, tips, and step-by-step instructions, it simplifies the buying process, from budgeting and financing to property selection and closing the deal. Make informed decisions and unlock your dream home!
Coming up with the funds for a down payment and closing costs is a big obstacle for Buyers. Sellers can offer to include some of the closing costs into the purchase price of the home, then offer to cover the closing costs with a sellers credit thus reducing the amount of money the buyer needs to pay up front. (Closing cost ex: mortgage points, repairs, title cost). Sellers credits can be offered for a range of reasons including making a home more financially attainable for buyers.
Mortgage points are fees you pay a lender to reduce the interest rate on a mortgage. Paying for discount points is often called “buying down the rate” and is totally optional for the borrower. Paying discount points reduces the interest rate and therefore the monthly payments. Your monthly savings depends on the interest rate, the amount borrowed and the loan's term (whether it's a 30-year or 15-year loan).
Florida Hometown Heroes Housing Program, designed to make homeownership more affordable for our dedicated community workforce. This initiative provides essential down payment and closing cost assistance to eligible first-time, income-qualified homebuyers, enabling you to purchase a primary residence within the community you proudly serve. The Florida Hometown Heroes Loan Program also offers a reduced first mortgage interest rate and additional benefits to honor those who have served and continue to serve our country.
The Hometown Heroes Housing Program down payment & closing cost assistance started July 1st, 2024. Last year, the program only lasted a few months so act fast by contacting me to start your home search today!
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