One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

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Garrett and Amy Lines
Keller Williams Realty East Valley
2077 East Warner Rd., Suite 110
Tempe, AZ 85284
Fax: 480-718-8783
Garrett Direct: 480-444-2270
Amy Direct: 480-444-2280
amylines@number1expert.com

Finding the right agent who understands your needs and is committed to what's best for you can be a challenge. Amy and Garrett have helped hundreds of people buy and sell real estate from starter homes to luxury estates. We pride ourselves on discovering your individual real estate needs and then tailor our service to achieve the goals we set together. Our consulting service includes the highest level of customer care plus real estate education on topics from choosing the right lender to finding a qualified home inspector and everything in between. Whether you're buying or selling, our comprehensive consulting package will provide detailed property information coupled with our knowledge and negotiating experience to help you arrive at the right price. With our help, you'll make an informed decision. When you choose us, you get the benefit of two Realtors working for you! Whether you need to buy or sell a home, we are here to help you. We are interested in you and your specific real estate needs and welcome the opportunity to meet with you. Please contact us at your earliest convenience. You never know when you'll need a great Real Estate Agent!

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