We talk to many First Time Home Buyers who are READY to get a new house, but just don’t know where to start. Especially as we begin 2013, and we’re seeing more and more of a shift toward a sellers’ market in Raleigh. Some communities are extremely strong for sellers, others not-so-much but, many are neutral.
Buyers are seriously shopping for those homes for sale this month as we are coming upon the typically hotter markets of the Spring in Raleigh Cary Home Sales. For many of the First Time Homebuyers we talk to – CASH is a common “barrier” keeping them from buying a home.
GREAT NEWS FOR FIRST TIME HOMEBUYERS IN RALEIGH
NC has one of the VERY BEST First Time Home Buyer Programs in the Country. There are a few requirements, but for the most part, it’s pretty easy to find a home that qualifies, and the underwriting guidelines for the program are pretty sweet too!
First off, the program is NOT just for First Time Homebuyers. If you are a buyer who has not owned a principal residence during the last three years (so you rented out your previous home instead of selling it?), then you ALSO qualify for the program! [Read more…]