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Help for Arizona homebuyers through down payment assistance

June 9, 6:47 PMPhoenix Real Estate ExaminerJulie Messina, CMB
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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

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