cami1685 asked:


I would like to purchase a home. Is there a goverment program to help people to purchase a home. And with the value of homes going down how is that going to effect buyers.

GRADY

6 Responses to “Is there a goverment program to help people to purchase a morgage?”

1. salus on November 21st, 2009 3:37 pm

   What year are you living in ?

2. ☼AstrologerJuliAnne☼ on November 22nd, 2009 2:06 pm

   It sounds like you are looking for a grant…

   Contact a realtor and ask if they know of any in your area, as different states/counties/cities have their own thing.

   Also, there should be a 8k credit for first time homebuyers during 2009 coming down the pike which can help you.

3. jareyn2002 on November 23rd, 2009 11:15 am

   Yes, it’’s called Freddy Mack and Fanney May That’s why we are in the financial mess we’re in.

4. GQSLC on November 24th, 2009 9:34 am

   The Government is now helping those who already have a Mortgage payment and are having troubles paying it off. It’s called re-working the contract with the banks. Government is working with the banks to lower current Mortgage payments. However, for an initial buyer - the idea is silly.

   Part of what got us in this mess, in the first place, is people who wanted to buy homes out of their price range, when they couldn’t afford it. I agree with the above post: What year you living in??

5. Noneya on November 27th, 2009 6:08 am

   well the government is going to give buyers up to $8,000 for buying a new home.

6. Roxanne24 on November 30th, 2009 10:46 am

   yes there is it al depends where you live you can qualify up tp 15000 for a down look into it some realtors will try to help you get the help you need

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