Orleans Parish, First Time Homebuyers

Are You a First Time Homebuyer?

. . . if so, you may be eligible for a ‘Soft Second’

A ‘soft second’ is money provided only to first time Free moneyhomebuyers. The program will provide funds, up to $65,000, to cover your down payment and  closing costs ! !

What exactly is a ‘soft second’?

This is a term used to denote a type of second mortgage on the home that is used to temporarily cover the funds advanced. This second mortgage is gradually ’forgiven’ based on the length of years the buyer lives in the home …..and it totally disappears after a buyer has been in his home ten years. In other words, after 10 years, you no longer owe any part of the $65,000!!

Socredit scoreunds super wonderful, doesn’t it!!!

The primary criteria to qualify for this program is credit score and  buyer income. (Buyer income limits apply.) It’s also important to note that all buyers on the loan must be first time homeowners… meaning they cannot have owned a home in the last three years.

Because this is a specially dedicated fund, once the funds are used up, it’s all over. So if you are a first time homebuyer with good credit, and you want to buy a home in Orleans Parish, call me immediately. We need to hurry. The home of your dreams is waiting for you!

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About Joyce Albert

Why you need a Real Estate Consultant, not just another Agent… The difference between a real estate agent and a real estate consultant is the difference between someone who just wants to make a sale, and a professional who is willing to share with you their in-depth knowledge of the market in order to help you navigate one of the largest financial decisions of your lifetime. In my career as a real estate consultant, putting my clients first is the hallmark of my success. So if you are looking for a true professional to help you buy or sell a home in the Greater New Orleans Area, please contact me. I look forward to woing with you. Certified 203k Specialist I am a certified FHA-203k Specialist - a program designed to assist buyers wanting to purchase distressed properties (hurricane damaged, repos, short sales) that require repairs or major rehab. Accredidations -  Accredited Buyer Representative (ABR)  e-Certified  Short-Sale & Foreclosure Certified (SFR) Other Memberhips. . .  Louisiana Association of Realtors  New Orleans Metropolitan Assn of Realtors (NOMAR)  Gulf South Real Estate Information Network  National Assn of Realtors (NAR) of Realtors (NAR)  Real Estate Board of Accredited Buyer Consultants (REBAC)
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