| Checking out your Check Book:
When a first home purchase isn't quite within your grasp
Checking out that balance in the checking account again?
Barely got enough to save after paying bills, buying groceries and putting gas in the car? Understandable. But, you ask, "How am I ever going to afford a house of my own?"
That is the ultimate question for many potential home owners. They live in a vicious cycle of trying to save money for a down payment while being vigilant in paying bills on time to keep a good credit rating, only to find their dream home is never quite within their reach.
Mortgage Revenue Bonds
Have you not heard about MRB - Mortgage Revenue Bonds? It's the ONLY federal government program that is available low-income, first-time home buyers.
Oh, I can hear you now: "But I'm not really |