Purchase a Home With Zero Down

No. Unfortunately this will only work with some homes. Unfortunately some real estate markets are suffering from rapid property value decline which will likely make the program unavailable. However, despite all of the reports reflecting "national average home decline" some market are fairing relatively well, some are even experiencing appreciation.  The real estate market in St George Utah has been doing rather well.

The trick is to find the right property. You must find a property priced very competitive, one priced a bit below market value (or possibly a motivated seller will work). Purchasing the home utilizing the current programs and asking the seller to pay closing and loan expenses will move you in with no out of pocket cost. Such programs available are Ameridream and Nehemiah, which is a down payment assistance program that does not place limits on income, as other City or County programs may impose.

Stop paying your landlords mortgage payment and reap the benefits of your own mortgage. Act now as these down payment assistance programs are facing litigation, which could result in their discontinuation. Interest rates are low and sellers are motivated due to the inflated inventory. This is a perfect opportunity to own your home at low rates and low prices…even better…with no money down. Contact Paula Smith today if you are interested in utilizing a no down payment program. If you would like to search for property listed for sale in Southern Utah, visit my Property Search page which offers all MLS listed property in Washington County.