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Kevin Swift, RE/MAX Associates of Topeka Cellular: 785-230-1244

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About the Lawrence, Topeka and Shawnee County, Kansas Area 

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Real Estate Tips
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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Real Estate Trivia
Q 
What holds the title as the tallest reinforced concrete building in the U.S.?

A 
311 South Wacker Drive in Chicago was completed in 1990 and is 65 stories high.
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Kevin Swift, REALTOR®, real estate agent and broker for Lawrence, Topeka and Shawnee County Kansas home listings, property and land for sale - NUMBER1EXPERT(tm)

Kevin Swift
RE/MAX Associates of Topeka

5815 SW 29th St.
Topeka, KS 66614
Phone: 785-273-1100
Fax: 785-273-9327
kevinswift@NUMBER1EXPERT.com

Kevin is often ranked in the Top 10 RE/MAX agents in the state of Kansas for number of homes sold!

ABREqual HousingGRIMLSREALTOR


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