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This spring I handed house keys to a first time buyer who’d been dreaming  of owning his own home for over ten years.  In fact he’d been approved a few years ago by a lender to buy in another state.  He wrote an offer, got it signed and was packing and ready to move.  The week of closing the bank told him he no longer was qualified.  The rug was pulled out from under him that time, so he was very nervous.

This time around our buyer qualified for the Washington State Housing Finance Commission Down Payment Assistance Program.  We looked around and found a townhome style condo in Edmonds with a two car garage for under $200,000.  We negotiated a credit for his closing costs from the seller.  He did pay for the inspection, though he was reimbursed for this at closing.  He walked in the door to his new home with zero down payment, zero closing costs!  

Many first time buyers qualify for this program: Down Payment Assistance through the Washington State Housing Finance Commission (WSHFC).   Talk to a professional about your individual circumstances and see if you qualify.  Or better yet attend one of our seminars to learn more about homeownership.