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Cash Grants for First Time Home BuyersWhen was the last time somebody
credible offered you thousands of dollars in free money? For most of
us, that just doesn't happen every day, or ever at all, for that matter. However,
if you are considering purchasing your first home, there are very
credible sources that genuinely do want to give you thousands of
dollars in free money. Those sources are state and federal
agencies, and the thousands of dollars of free money available comes to
you in the form of a cash grant to help you buy your first home. It
is no secret that saving for a down payment and closing costs is the
largest obstacle that first time home buyers must conquer. For millions
of Americans, this obstacle is one that is nearly impossible to over
come. After paying monthly rent, utilities, food, insurance, car
payments, (as well as the high price of gasoline), clothing, phone
bills, day care for the children, and many more recurring monthly
bills, there is virtually no money left to set aside to save for a down
payment for a future first home. The federal as well as state
governments recognize this situation and have created special programs
for the very purpose of giving away money to help people in need buy
their first home. A reasonable person might assume that as soon
as the money is available at the respective agencies, it is completely
given away within hours, if not, days. It seems entirely logical that
on the day the money becomes available hundreds and hundreds of people
would line up just as fans do on the day that U2 concert tickets go on
sale. A reasonable person would be wrong. Each year, the
majority of state agencies do not completely exhaust their funding. For
fiscal year 2006, only two states had requests in excess of their
budget and ran out of money in their programs. For the first time home
buyer, this is very good news. It means that there is currently money
available to help you buy your first home. The primary reason
that the funding isn't exhausted every year is that the programs are
not widely advertised. There are 3 ways you can learn about these
programs: you can buy the information, you can contact your state
representative, or you can go to a website that provides all the
information for free. Whatever method you choose, you stand to
gain thousands of dollars in free cash assistance towards the purchase
of your first home. Choose one method and take action. Today could be
one of those very rare days that a credible source offers you thousands
of dollars in free cash.
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