Want to Purchase A Home? Tips for Couples or Singles

[SummerChild]

Hi Soror. Yes, that is confusing. Well, I know that I'm out for sure as I'm sure my income would push me out and the loan limitation also excludes me as I'm in Cali and those loan limitations are jokes for this area.

I hope it works out for you!

SC

Originally Posted by PinkPop

I'm not sure. I thought they had an income limitation and then I just read on their site that they didn't but then I also read this:

WHO DOES NACA HELP?

To qualify for NACA's services you must have a household income lower than a specific percentage of your city's median income or be willing to purchase in a neighborhood that has been cut off from access to credit ("Priority Areas"). Income restrictions differ by NACA office location. You may not own other property, and you must live in the home while you have the mortgage you obtained through NACA.

So I'm not sure.

[SummerChild]

This website is associated with a real estate agency that specializes in condos (loft and conventional) and townhouses.

They have a very informative set of pages that takes one through the process from preparing to shop to moving in. I have not seen anything so thorough, even in the book that I read on buying condos/townhouses.
The webpage is located at http://www.condosource.com/buyers/ and the steps in the process (from preparing to shop) can be found in the left margin of the page.

SC