If you’re a California first time home buyer, there’s a problem and we need your help to to fix it.
The California Housing Finance Agency has millions of dollars for first time home buyer down payment/closing cost assistance and they need your help to spend it.
If you had been a first time home buyer in 2009 and 2010 you had the first time home buyer tax credit. While it may have been panned by the critics, it did exactly what it was supposed to do:
Give first time home buyers a dollars and cents reason to buy their first home and it increased home sales by 20-30%.
But it’s 2012 and we know first time home buyers need help too. If you’re like most first time home buyers in California the NUMBER ONE obstacle for you is the money needed for down payment.