You’re gathering all your income and expense information for your CPA or tax preparer: W-2s, 1099s, etc. You’re dreading spreading out all your receipts on the dining room table. Sound familiar?
Maybe you need a different perspective. If you’re getting a refund, that money could be used towards a down payment on a house purchase. Once you’ve met with your tax preparer and have the return done, you should call your mortgage professional and see if you qualify for a mortgage. Most people are afraid that they don’t have enough money saved up to buy a house. But, your tax refund could be just the money you need to make owning a house a reality.
Plus, there is a program available in Duval County for first time homebuyers (or people who haven’t owned a home in the last 3 years). This program offers $15,000 in down payment assistance. If you stay in the house for 5 years, then the $15,000 is forgiven. So, in essence it’s free money from the state of Florida.
If you have any questions, please give me a call at 904-834-9770.