Shailesh Ghimire over at CTX Mortgage posted yesterday that new home buying assistance funds are available for home buyers in Phoenix, Scottsdale, and …. basically the whole of Maricopa County.
This program has some great features and down payment assistance.
Income limits will work for purchasing in many Scottsdale neighborhoods, too! Since Scottsdale is a not-targeted area, limits are just a bit more restrictive. For a family of two or less, maximum income to qualify is $64,524, and for a family of three or more, the limit goes up to $74,203.
Maximum home sales price for the Scottsdale area, is $311,625, and with all the price reductions, we’ve been seeing there are many homes in this more affordable price range. As of today, almost 20%, or over 1,100 of the almost 6,000 Scottsdale homes on the market are listed in this price range.
So, if you’ve been thinking about buying a Scottsdale home, and need a bit of assistance to get started, call Shailesh to see if it’s a loan program that will work for you! Funds are limited so you will want to take action quickly.
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