Interest rates continue to remain low and buyer's opportunities to become a first time homeowner have created a brisk market that appears to be lasting into the summer. Frequently, those first time home buyers need a little assistance in getting into that home and fortunately for us here in Pennsylvania, our state ranks #1 in assistance programs. According to the Pennsylvania Association of Realtors,

“Buyers trying to scrounge together a down payment for a house first instinct may be to hit up mom and dad. One more option you shouldn’t overlook: The state where you live.

Each of the 50 states has some sort of program to help homebuyers, especially those making their first purchase, according to mortgage Web site HSH.com, which recently compiled data and ranked the states.

The most generous state of all is Pennsylvania, where homebuyers have access to no fewer than 11 programs, including ones for first-time and repeat buyers, and even assistance for homeowners looking to make improvements. “
For some insight into these different programs, visit the following website.

http://www.hsh.com/finance/mortgage/home-buyer-programs.html#pennsylvania

Don’t let your buyers miss out on these very low interest rates with assistance programs in place to help them!

Warmest Regards,
Jan Schoeneberger