Buying a first home is every American’s dream and not many things can be as fulfilling as the purchase of your first home. Younger people are often pushed out of the housing market but with Florida’s measures to help first time home buyers there are plenty of opportunities to set up home in the sunshine state. There are several financial incentives, grants programs and new construction homes that are within reach. Earlier the homes available were larger and more expensive but with the increase in smaller houses being built to accommodate the younger generation, homes need not be pricey for the average first time buyer.
Programs and grants for first time buyers
Being a progressive state, Florida has also introduced a first time buyer program designed to help people with a modest income. Prospective first time home buyers can look forward to assistance with down payment, closing costs, and lower, fixed rate mortgages. In order to be eligible buyers must not have owned a home in the last three years and have an annual income that does not exceed program limits. They also need to establish their credit worthiness. There is special bond money available for down payment and an attractive 1st mortgage rate. Healthcare workers, police officers, firefighters, teachers, and active duty and veteran military personnel can be eligible for lower interest rates.
Homes to suit every budget
Brevard County offers first time buyers the luxury of selection. The county on the shores of the Atlantic Ocean offers some incredible housing options. It would be prudent to have an experienced agent to help you find the perfect home to suit your budget and lifestyle. At Selig Realtors, we can take your home buying experience to a whole new level. You’ll probably need some expert guidance being a first time buyer and you can get the best support for all your Brevard real estate needs. This includes everything from picking the right home to expert guidance on closing costs, the financial components of buying a home, and more.
We can also help you facilitate a new custom home build from a great company such as our friends at Ben-Kee Construction
Bathrooms: 4 full | 1 partial
Sq. Ft.: 4,099
Bathrooms: 3 full | 1 partial
Sq. Ft.: 4,429
Space Coast data last updated at September 21, 2018 8:26 AM ET