Next month Arizona first-time homebuyers will get a little help purchasing a foreclosed home in the form of down payment assistance at the closing table.
Several communities in the state have received a piece of more than $121 million from the Neighborhood Stabilization Program, which is intended to reduce the inventory of foreclosed homes on the market.
Not everyone can use this program; there are income limits and qualifying requirements. This is the first of a series of articles about how 10 of our communities will be using the money, and how to find out if you can use it.
For more info: yourwayhomeaz.com/arizona.aspx