June 2014 Newsletter

                   

First National - now offers grant programs for 1st Time Home  Buyers Great news! First National Bank is now offering grant programs geared towards first time home buyers. This great product focuses on the first time homebuyer that does not have a down payment, is unable to receive a gift or for those who cannot or do not qualify for the additional NIFA HBA loan payment.  With this program first time homebuyers will be eligible to receive up to $7,500 to use towards their down payment and/or closing cost. Borrows are required to take a homebuyer education class. The great thing is class can be taken online or in person, either option will take about 8 hours to complete and cost you $99. The grant is a five year forgivable loan, which means payments are not due during the five years, and after the five years the money that is owed would be forgiven.  The grants are approved by a 3rd party and it can take up to 45 days to close on the buyer’s new home with this grant, once the accepted contract has been received by the First National Bank Mortgage Officer. There are a few requirements that the borrows will have to meet which are as followed: Buyers have to make below 80% of the Area Market Median Income: For the Metro area, the maximum household income is as follows: 1-2 Person                  3+ Person $58,000                       $66,800 If you are looking for a Mortgage Office, I would suggest you contact Nick Zwiebel with First National. Nick offices in my building, located at 16909 Lakeside Plaza #119 and is more than happy to answer any questions for you.   If you or someone you know may benefit from this grant program please contact me. I would love to help you build the foundation to your dreams. Please contact Nick with any questions you may have in regards to the Grant Program. Nick can be reached at   Phone: 402-602-5363|Cell: 402-301-7098| Email: nzwiebel@fnni.com or you can visit his website here  May Trendgraphix Is Real Estate a Better Investment than Gold? Both real estate and gold are considered good hedges against inflation and market fluctuations. As long-term buy-and-hold investments, they both offer price stability - meaning their prices are less volatile than stocks. From an appreciation perspective though, real estate has more than held its own. Real estate far outperforms gold in: tax benefits, stability, equity buildup, cash flow, leverage, and control. It's a great time to buy or sell in today's market. Contact an NP Dodge agent today with any questions you may have about your real estate goals and investments - rismedia.com "Teamwork makes the dream work" Be sure to contact me today with any real estate questions to buy or sell a home.