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Updated almost 14 years ago on . Most recent reply

User Stats

90
Posts
52
Votes
Andrew Clark
  • Rental Property Investor
  • Raleigh, NC
52
Votes |
90
Posts

All Cash First Time Home Buyer

Andrew Clark
  • Rental Property Investor
  • Raleigh, NC
Posted

I have bought and sold real estate using partners names but never purchased a personal residence.

I found a great deal on a home and will be paying cash at closing in about 2 weeks. I do not know where to turn for first time home buyer programs/discounts/credits. I will be paying cash for the home - no mortgage. I understand there maybe local historic district credit but I am looking specifically for first time home buyer programs.

Any suggestions? I suppose buying for cash may disclude me from many normal financed first time home buyer programs.

It almost seems as though I am punished for paying cash, when maybe it should be the other way around :idea:

Thanks for your help!

Andrew

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