Real Estate Affiliates in Rye, Rye Brook, Port Chester and Harrison, New York Provided by Jason L. Mehler

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First Time Buyers >More Down Payment Help

One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

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Q	What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?
A	That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles.
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Jason L. Mehler, REALTOR®, real estate agent and broker for Rye, Rye Brook, Port Chester and Harrison, New York home listings, property and land for sale - NUMBER1EXPERT™

Jason L. Mehler, Associate Broker
Better Homes and Gardens Rand Realty
29 Locust Avenue
Rye, New York. 10580
Phone: 914-943-6450
Email: JasonLMehler@NUMBER1EXPERT.com
I work to consistently exceed customer/client expectations! When buying or selling your home, choosing the right real estate professional is your first important decision. In such a competitive market, you need the expertise, success and company backing that will help you reach your ultimate goal. And you need a personality that offers courtesy, patience and the energy to help you through this process. I assist buyers and sellers of homes in Rye, Harrison, Rye Brook, Purchase & Port Chester, NY as well as other areas of Westchester County, New York.

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