Scared? Confused? Not sure you will be able to do it? Is this your first time? First time looking to buy a home, I mean. Ahhh, yes. I know the feeling. I’ve been there myself. I just bought my first home in January 2007 and I know how overwhelming it can be. Well, over in Dublin they have a cool program that you might want to check into. It’s Dublin’s First Time Homebuyer’s Loan Program. If you have never owned a home and you/your family meet certain income and household size requirements you may qualify. The information packet states that up to 10% of the purchase price of a market rate home or 15% of the purchase price of a below market rate home may be taken as a loan from the City of Dublin. The best part is that you don’t have to repay the loan until you sell or refinance your home. (Or if you default, which you want to avoid, because that would be bad.) For more information, download Dublin’s First Time Homebuyer Loan Program Packet.
Ok. Feeling more relaxed now? Good. Then go check out some of the open homes listed below this Sunday, October 7th, many of which have been reduced tens of thousands of dollars due to the soft market. All are open 1PM-4PM unless otherwise noted in bold.
3619 Whitworth $549,000 2Bd/2.5Ba Reduced $50,000 Townhome built 2004
7383 Limerick Ave. $574,000 4Bd/2/Ba Reduced $44,000 Glenoaks neighborhood
4513 Peacock Ct. $778,500 4Bd/2.5Ba Price reduction after 90+days on the market Creekside area
7648 Kilrush Ave. $563,000 3Bd/2Ba Reduced $60,000 Open 2-5PM
11750 Silvergate $618,888 3Bd/2Ba On the market 90+ days
11480 Silvergate $710,000 5Bd/2Ba Listed as a price reduction Open 1:30-4PM
7788 Woodren Ct. $699,8884Bd/2.5Ba New on the market: listed within the last week
Picture courtesy of Universal Pictures.