This blog was contributed by Magdalena Reynolds of Keller Williams. See the original here. Want to become a contributor? Email support@setschedule.com. Are you looking for a home for sale in Parker, Colorado? Don’t let your dreams get sidelined by the thought of saving for a down payment. You can typically do it for less than the traditional 20% and there are some creative ways to make it happen. 1: Your Dream House in Parker Can Be Crowdsourced! Seriously. I’m sure you’ve heard of a few of the great private fund-raising sites out there such as Go Fund Me or Kickstarter. Who says you can’t start a fundraising page instead of doing a wedding registry? I mean, do you really need a bread maker or 10 champagne flutes? Sites like Feather My Nest or Hatch My House have helped many Americans fund their homes. 2. Sellers Can Help! It is not uncommon that a seller wants a deal done. They might be very willing to help you with some of the closing costs which means more money for your down payment. A good agent will help you negotiate concessions and let you know what the caps are based on what kind of loan you get. 3. Government Options Are Worth a Look There are a number of home ownership programs offered by HUD, or the U.S. Department of Housing and Urban Development. Assistance with down payment and closing costs are typically available for people who meet particular income or location requirements. They also offer help based on profession too. If you are one of our amazing veterans, don’t forget about VA options. Here is a link to Colorado’s HUD page. 4. Ask Your Employer Employer Assisted Housing (EAH) can make home ownership a reality by connecting low-to moderate-income workers with down payment assistance through their employer. To find out if your employer participates in EAH, ask the human resources or benefits personnel. 5. Find Special Lender Programs There are many lenders that have special programs that make putting 20% down a thing of the past. Lenders are dying for your business, so check around. Don’t forget to use your agent’s vast knowledge and connections to help you find the best deal. See? There is a lot of assistance available especially to first time home buyers. Give me a call and I would be more than happy to help make a home in Parker a reality for you! ------------------- SetSchedule has changed the way real estate marketing is viewed, by changing the way REALTORS® access clients and listing appointments. SetSchedule is a “first of its’ kind” exclusive membership-based model that provides verified appointments, marketing tools, and elite invite-only networking events for its members. By blending new technologies, and thought processes with proven success methods SetSchedule had incurred record producing results unseen in the industry.
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