The DeHOFF REALTORS Blog

Owning a home is still the American Dream and today’s market puts it well within reach for many people. The market has certainly been challenging, but the fact remains it’s an ideal opportunity for buyers. Prices have moderated, interest rates are at 50-year lows, there are more homes on the market than in the past 15 years, and for first time buyers there’s the First Time Home Buyers Credit of up to $8,000.
The Ohio Housing Finance Agency (OHFA) launched a new Homebuyer Tax Credit Advanatage Program (effective March 30) that allows qualified buyers to receive help with down payment and closing costs. Low-to-moderate-income Ohioans can use this program to receive a loan for up to 3 percent of the purchase price of a home. Doug Garver, executive director of OHFA said, “We are helping buyers take advantage of the new federal First-Time Homebuyer Tax Credit by offering what they need for down payment up front, making it easier for them to get their dream home.”
To learn more about the programs offered by OHFA contact a DeHOFF REALTOR® today!