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<Back to Page			Property 16 of 40 Selections

New Listing - Beautiful Single Family Home

$235,000

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Address: 8 Homestead Blvd.	City/ST: Milford, DE	Zip Code: 19963
Location: Milford	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 0	Bedrooms: 3	Bathrooms: 2
MLS# 568189

POTOMAC MODEL RANCHER - 3 Bedroom, 2 Bath with an Att. 2 Car Garage. This home has a wonderful Sunroom and a Three Season Room. Located in Hearthstone Manor a great neighborhood with a Community Center and an Olympic sized Outdoor Pool. Only 20 minutes to the Rehoboth Beaches. 1 Year Home Warranty

Listing Agent and Office: Greg Brennan, Long & Foster Rehoboth Beach

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First Time Buyers >More Down Payment Help

One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

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Q	Over what famous building is aircraft forbidden to fly at any time?
A	No aircraft is permitted to fly over the Taj Mahal in India.
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Bill Cullin, REALTOR�, real estate agent and broker for Lewes, Rehoboth Beach, Bethany Beach and Dewey Beach, Delaware home listings, property and land for sale - NUMBER1EXPERT

Bill Cullin
Long & Foster Real Estate Inc
37156 Rehoboth Avenue Ext Suite 5
Rehoboth Beach, DE 19971
302-841-7147
Fax: 302-227-8165
billcullin@NUMBER1EXPERT.com

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