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First time home buyers in Virginia  have two very unique opportunities awaiting them!  Utilizing VHDA’s FHA/PLUS program, and The Economic Recovery Act’s First time buyer tax credit, it is possible to purchase a home in Virginia without spending one red cent and receive get $8,000 back from the US Government at tax time next year. Talk about synergy!

The tac credit is a true credit and is applied to the amount owed for taxes and then some!  For more detail regarding this tax credit, email Phil for a free, no obligation copy of this informative report. philgoldberg1@gmail.com

Today’s real estate market has a lot of great values.  Since there is such an abundance of inventory, sellers are doing everything possible to make sure their properties will sell including paying closing costs for buyers. 

VHDA’s FHA/Plus program can go to 103% without the help of down-payment assistance (The True No Down payment Loan) while FHA is capped at 96.5% financing.  Add to this a seller credit for the purchaser and it is possible to buy a home without spending one cent of your hard earned moneyto purchase a property

***Important*** Please keep in mind that not all lenders or loan officers are able to do VHDA loans.  FYI, both Virginia Commerce Bank and I are certified to do VHDA loans.  Feel free to contact Phil Goldberg at 703-912-9122 or email Phil at philgoldberg1@gmail.com with any questions you may have.