Brandon Wells - Blog

State Offers Assistance To First-Time Homebuyers

brandonwells1@gmail.com — Tue, 31 Mar 2009 17:24:30 GMT

SANTA FE -- First-time homebuyers can find new financial assistance from the state and federal government.
Gov. Bill Richardson and the New Mexico Mortgage Finance Authority announced a loan program Tuesday that will help lower-and middle-income New Mexicans make a down payment in buying their first house.
The program takes advantage of a tax credit that was created as part of the federal economic stimulus package. First-time homebuyers can get a federal tax credit of 10 percent of the purchase price of a home, up to $8,000.
The finance authority will provide a no-interest loan up to $6,500 for a down payment and individuals can use their federal tax credit to pay off the loan.

More information to follow as details of the program become available!

Courtesy of Associated Press

Got Real Estate Questions - Contact Me

brandonwells1@gmail.com — Tue, 24 Mar 2009 15:03:22 GMT

Contact Me with all your real estate needs

Roadmap To Recovery: Housing Market Discussion

brandonwells1@gmail.com — Mon, 23 Mar 2009 12:07:14 GMT

CNBC coverage of panel discussion about stimulating the economy through housing.

VLOG #2 Google Street View

brandonwells1@gmail.com — Thu, 19 Feb 2009 16:59:07 GMT

Click on Title to view Video Blog Episode #2