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Across the country, states are stepping up to the plate to help future home buyers through programs that help them save the money they need, tax-free, to purchase their first home. It turns out these programs help current homeowners, too.
If you're a homeowner - or in the process of buying a home right now - you know just how hard it can be to save enough for the down payment, closing costs and other fees associated with purchasing a home. Student loans, credit card debt and flat wages can all make this task worse.
To address this problem, states like Alabama, Colorado, Iowa, Minnesota, Mississippi, Montana, Oregon and Virginia have already created programs that help these first-time homebuyers save the money they need, tax-free, to purchase their first home. Read the complete article by clicking here. |
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