From the monthly archives: April 2010
The First Time Homebuyer Program from CDA provides homebuyers with financing for a first mortgage through participating lenders, such as Cornerstone Mortgage Company in Burnsville, at a low, fixed interest rate. Homebuyers accessing the Dakota County CDA First Time Homebuyer Program can also apply for downpayment and closing cost assistance loans of up to $10,000, depending on household income.
If you are looking for a home in Burnsville, or anywhere in Scott County or Dakota County, or know someone who is looking and needs Spanish translation, please take advantage of the translation service we are proud to provide.
HAFA – Home Affordable Foreclosure Alternatives…. the latest program designed to try and deter foreclosures. There has been a lot of buzz about this program
[ April 6, 2010; 6:30 pm to 8:00 pm. ] Have you been looking for a home and can’t find just that right one? Sure, you could make repairs or remodel certain properties to make them exactly what you are looking for, but that takes upfront money. Enter – Section 203 (k) or 203k. The 203k loan enables you as a homebuyer to purchase a home, make qualified repairs to the home, or rehabilitate the home and roll the repairs and upgrade costs into the mortgage loan.
[ April 1, 2010; 6:30 pm to 8:00 pm. ] Many homeowners in today’s market find themselves upside-down in their homes. For some, a short sale is the solution, but there are many questions a homeowner should ask – and get the answers to – before entering a short sale agreement: How does a short sale differ from a foreclosure? How does a short sale impact my credit standing? Is there a waiting period before I can purchase a new home?
Watch this video for information on the upcoming First Time Home Buyer Class
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