Home Qualified’s Insider Network News
Episode 5
by Ralph DiBugnara & Keyla Rosario on October 26
HOME BUYING STATS YOU NEED TO KNOW
The White House just released a statement that it will make a huge investment in homeownership in the near future. With interest rates at high levels and homes for sale at low levels, this would help more people buy now. President Biden proposed $16 billion for the Neighborhood Homes Tax Credit, which would result in more than 400,000 homes built or rehabilitated. This proposal also includes making home repairs easier to finance, Assisting homeowners behind on their mortgages, and allowing homebuyers to leverage income from accessory dwelling units
Everyone is Talking about in Real Estate
Grant Cardone Reveals 6 Cities He Would Buy Investment Properties in Right Now, as well as Areas He Would Avoid.
6 Cities Grant would Invest in
- Miami
- Atlanta
- Austin
- Chicago
- Houston
- Dallas
He also stated he would avoid all cities that have “I would avoid all cities that have negative job growth,” as well as “I don’t want to offend my friends in the state of Louisiana, but I’d leave that alone. Memphis, and Tennessee as well”
Today mortgage tips are sponsored by Cardinal Financial
Down payment assistance programs are available across the country and you don’t have to be a first-time homebuyer or meet low-income requirements. The Down Payment Assistance Program provides down payment and closing costs assistance up to 7% of the loan amount. Mortgage options are available for Conventional, FHA, VA, and USDA. Down Payment Assistance is a great way to enter into homeownership NOW without years of saving for out-of-pocket expenses. There are programs that have Income limits of up to $120,000 a year in salary. These programs have a 620 minimum credit score, but you can obtain your mortgage as well as the Downpayment assistance at the same time through your lender.
