You may have heard the term “Affordable Housing” but what exactly does that mean? If you’re in the market and have been looking, you might know that sometimes a house that’s labeled ‘affordable’ doesn’t fall within your means. This can be a real challenge, especially when the government considers housing to be affordable when it requires less than 30% of the total income used to purchase it.
The good news is, this is an issue that we care about, and we’re in a position to help. Did you know that certain grants are available to buyers that can help them get over the hump and rolling into their new driveway? We are proud that we can help you apply for these amazing grants if they are relevant to your situation: First Time Homebuyers, Community Partners Grant, Foreclosure Recovery Grant, and Veterans Purchase and Rehabilitation funding.
Here’s how they work
If you think that you qualify for one of these grants or would like to learn more, we’d love to connect you with our specialist in this area, Paula Owens, in our Kilmarnock office. You can reach her by email or call her directly at 804-435-4257. There is no better time to buy than right now.