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10 priciest metros where buyers can score the most down payment help

Source: Realtor.com

 

Trying to buy a first home in some of the most expensive housing markets is difficult as you try to save enough money for a down payment. What many would-be home buyers don’t realize is there is a tremendous amount of financial help available for first-time buyers in many of America’s priciest markets. In some, a buyer can score as much as $100,000 in down payment assistance.

This type of assistance comes in several forms: low-interest-rate loans, grants, tax credits, and other creative financing options that can have buyers moving into a home of their dreams. For instance, in Los Angeles, you can get a down payment assistance of an average of $40,600. In some metro areas, buyers can even get interest-free, deferred-payment loans that don’t need to be paid back if they stay in the home for a certain number of years.

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About Community Real Estate

Community Real Estate is a Real Estate Company committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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714-835-7126

714-835-7126

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CA Department of Real Estate Lic.# 01960213
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