Josie with the Housing Division talks about all the different Home is Possible programs that the state of Nevada has to offer. They are not just for first time home buyers this can be your third time you purchase a home and there is a program out there for you. First one is the Down Payment Assistance Program and you don’t have to be a first-time home buyer. The requirements for this program are that you cannot own a home at that time of purchase, so you would have to close on the home you currently have. You can get up to five percent of assistance and you can use this money for your down payment or closing cost. The Housing Division has a large percentage of people that use this program who have their own funds but decides to keep that money aside and they use DPA program. Next we talk about the First Time Buyers Program it is slightly different than DPA, this program is for some who hasn’t owned a property in the last three years. Stay tune to hear more about these wonderful programs!
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