Use Your Tax Refund to Buy a House!

Use Your Tax Return to Buy a House

According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes.

This is down slightly from the average refund of $3,436 last year.

Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals.

For anyone looking to buy a home in 2019, this can be a great jump start toward a down payment!

The map below shows the average tax refund Americans received last year by state.

Your Tax Refund Is The Key To Homeownership! | Simplifying The Market

Many first-time buyers believe that a 20% down payment is required to qualify for a mortgage.

Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.

In Nashville, the Tennessee Housing Development Agency will give you a grant for the 3% down payment and closing costs if you qualify.

You can get into a new home with $0 down payment and normally less than $1500 out of pocket.

Get Started Today

Utilize your tax return to get into a home of your own.

It’s often times not as difficult as you think it would be.

Call us today at 615.554.0832 and let’s get a plan together.
Download Homescout app

Download the Homescout app to search the Nashville MLS. Use VIP code 0832

Summary
Use Your Tax Refund to Buy a House
Article Name
Use Your Tax Refund to Buy a House
Description
How to buy a house with no money down by using your tax refund and a grant from the TN Housing Development Agency.
Rhonda Burgess
Rhonda Burgess Team
RhondaBurgess.com


https://newhome.rhondaburgess.com/idx/sitemap