beach123 wrote:My debt long-term debt is $563 but I possibly can bring $100 of it down to NOT long-term debt...I'm paying off the high interest auto loan since one bank said I only needed the 3 good tradelines...and yes, I'm trying to go for the $3k provided through MHFA since my salary is below the $63k limit, and the one bank has $3k available in a program...my instructor said the "most" she'd ever seen that had to be out of my pocket would be $1,500. I took the program to educate myself being single mom but also because it stated "up to possibly $20k" down through programs.Hope that helps & Thanks!
Yeah those teacher-next-door programs are good but if you have to fight for your life just to live there it's not worth it at any cost IMO. Guess it depends on where you are from though... if you grew up in East L.A., well, it's probably like home.
camilleandbella wrote:Shane,Thanks for your response. I live in Florida (Central). I want to stay within the 100,00-150,000 range. I will go with a condo if that's all I can get. I have 5,000 saved. The county has a program for teachers where they will contribute $7500. (I only have to stay in the place 5 years or I have to pay back the money.) They have 10,000 20,000 30,000 available for there's a 20 year commitment. The rep said that if you move, sale, etc you have to pay the county back as well. I would qualify for the 10,000 but I'm not going to commit to 20 years. Anything could happen in twenty years......On HUD's site they have the teacher next door program. All the areas listed for Central Florida are (high crime, drugs, horrible, horrible neighbors.) Getting 50% off the purchase price is good but the neighborhoods just aren't safe.Do you know if any dpa programs in Florida and/or for teachers?Thanks