FORT LAUDERDALE – First-time homebuyers in a service job, like police officer, firefighter or teacher, are eligible to apply for a brand new Florida program that helps with upfront prices.
The Hometown Heroes program was unveiled by Gov. Ron DeSantis final week and it is producing loads of buzz.
Broward particular training teacher Wendy Samuels is hoping she is permitted. Like so many South Florida academics, she is desperately trying to buy a home.
“I’m a single mom with two daughters, so I need a home for us and I also want to leave behind a legacy for them,” she stated.
The program supplies up to $25,000 in down funds and shutting prices. But you have to have a minimal 640 credit score rating to qualify.
“We are getting 10 to 15 calls a day right now,” stated mortgage officer David Sheir with motion mortgage in Davie.
He says whereas Hometown Heroes is a particular incentive for academics, restricted provide and excessive asking costs are making it robust for consumers.
“Houses are not staying on the market very long. The ones that do go on have multiple offers. So, while the program helps a buyer, it doesn’t free up the supply side issue,” he stated.
Samuels is aware of she’s facing long odds.
“It’s not affordable. I’ve thought of leaving, but I would rather stay in South Florida,” she stated.
The housing disaster is leaving many determined for assist. That’s why CBS News Miami needs to share your tales to present the disaster you are in or the way you navigated the system. We will spotlight these points and work to get solutions and options. Send us an e-mail at [email protected]. Â
