Ozaukee & Washington County Real Estate: February 2010

Find out more about Ozaukee and Washington County real estate, including the cities of Grafton, Belgium, Cedarburg, West Bend, Jackson and Germantown.

WHEDA Returns!

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After a brief absence, the Wisconsin Housing and Economic Development  Authority (WHEDA) program is back! So along with great tax credits and great interest rates, there is yet another great reason to buy a house NOW!

The WHEDA program is returning March 1, and there are a few different options available to buyers.

The WHEDA Fannie Mae Advantage requires less of a down payment and eliminates some typical mortgage fees. This results in you getting a more affordable 30-year fixed rate loan product.

The Wisconsin Neighborhood Advantage Program loan is only available in Brown, Kenosha, Milwaukee, Racine, and Rock counties for a limited time and is intended for foreclosed and vacant single-family properties. The loan can also be used to finance limited home repairs.

The WHEDA Home Improvement Advantage loan is offered to WHEDA homeowners only to complete a maximum of $10,000 in home repairs.

Purchases in Ozaukee and Washington counties are not confined to first-time buyers. The income & purchase price limits are:

1-2 member household income $73,000
3+ member household income $89,000
Purchase price limit $285,000

You can find more detailed information at wheda.com.

 

Peggy Wester
Phone: 262-370-1757
Email: pwester@realtyexecutives.com
Website: peggywester.com
Blog: peggysblog.com


Peggy Wester - Realty Executives Integrity

Comment balloon 1 commentPeggy Wester • February 12 2010 09:22PM
WHEDA Returns!
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After a brief absence, the Wisconsin Housing and Economic Development Authority (WHEDA) program is back! So along with great tax credits and great interest rates there is yet another great reason to buy a house NOW! The WHEDA program… more
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