The perfect home is for sale in Murrieta, CA

We all have a different definition of perfect, but this one has everything needed for first time home buyers in today's market:

1) It's been completely rehabbed and is NOT a flip!

2) It's priced $75,000 BELOW the average sale price for Murrieta at $174,200

3) It has to be sold to a first time home buyer (no investors to swipe it from you).

4) The seller is willing (no make that required!) to accept the RivCo Down Payment Assistance program

5) Qualified first time home buyers are eligible for up to 30% in down payment/closing cost assistance.

Now that's my definition of perfect!

http://www.mrmlsmatrix.com/DE.asp?k=922462XQSSE&p=DE-88306087-208

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The majority of first time home buyers have said that saving for a down payment is the biggest hurdle for them on their path to homeownership, and contrary to what you might hear from the mainstream media, first time home buyer programs and down payment assistance are alive and well. 
But how do American's feel about homeownership? To find out check out the result of this survey done by Trulia.com
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4 Pitfalls for first time home buyers to avoid when buying a foreclosure

Due to the mortgage crisis that our country faced over the last several years, there are continually more and more foreclosure properties that are being put up for sale everywhere you turn. Of course, this can be very tempting for first time home buyers as people can sometimes get properties for 30% or even less on the dollar than they sold for less than five years ago.
However, if you are considering a foreclosure property for your next purchase, then there are some common pitfalls that you will need to avoid along the way to protect yourself and your future asset. Let’s review some areas to be aware of before making any serious offers.
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How to get the best price when buying your first home

One of the most important aspects to buying your first home is to ensure that you purchase for a fair price, 
There are certain key steps that you must follow in order to make a sound decision, so it pays to have a knowledgeable Realtor on your side who will be able to help you obtain the best and most realistic price for your first home.


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7 Tax Benefits for First Time Home Buyers

In today’s market first time home buyers know most of the reasons why the “perfect storm” today’s real estate market presents them, even though the media is killing the dream of homeownership.

In most markets across the country everyday, first time home buyers are discovering that buying is cheaper than renting. and there are thousands of foreclosed homes from which to choose.

First time home buyers can also start their real estate investing career with multi-family housing.

But one of the cornerstones of home ownership has always been the tax benefits. In the most simple terms you will pay Uncle Sam less money if you own a home than if you don’t.

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