First-time home buyers are getting a lot of help these days. We already have the $8,000 home buyer tax credit. Then, the California Association of Realtors launched the C.A.R. Mortgage Protection Plan last month. The City of Big Bear Lake is getting into the mix as well. As proposed by the Big Bear Lake City Council Improvement Agency, the first-time home buyer down payment assistance program will provide for an advance of up to 5% or $19,000 (whichever is less) towards the buyer's down-payment on a primary … [Read more...]
The California Assocation of Realtors Step Up To Help Home Buyers
Similar to many of the automotive companies and the assurances they are giving to car buyers, the California Assocation of Realtors (C.A.R) just released some reassuring news to first-time home buyers with the C.A.R. mortgage protection plan. From what I could tell, this is the first of its kind. From C.A.R. - C.A.R. launches mortgage protection plan for first-time home buyers The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today launched the C.A.R. Housing Affordability Fund Mortgage Protection Program … [Read more...]