Norman Area Real Estate

Norman OK has announced that they will be opening up the NCRC Grant program, which gives each eligable first time home buyer $5,000 that can go towards closing costs and down payment (it can go towards the FHA required 3.5% down payment!).  Applications can be taken now, and funds can be reserved starting July 13th with ...

The short answer is: Yes.  There are, however, important details.  On May 29th, 2009, FHA (Federal Housing Administration) released a buletin in which they gave their blessing to lenders, non-profit organizations, and state agencies to "purchase" the right to receive the $8000 tax credit from an eligable home buyer, so the ...

Update (July 5th, 2009): OHFA Bond Program has been temporarily locked to those homes outside of the Target Area, and will only be opened up to all home purchasers if funds are remaining, and only then those that are on the waiting list.  In the mean time, check out the NCRC Grant in Norman!    The ...

For those people that have been considering purchasing their first home in the Norman, Moore, or Oklahoma City area, doing so before December 1st, 2009, could present you with a fairly significant benefit -- about $8,000!  Assuming that the average first time purchase is between $100,000 and $150,000, that is between 8% - 5.5% of the purchase ...

(Click here to see my recent post regarding the government's $8,000 first time home purchaser tax credit)  You want to purchase a home in the Norman, Moore or Oklahoma City metro area, but don't have enough for a down payment?  The government wants to help. If you are planning on purchasing a house as your primary ...