2007-08-14 08:19:08 · 5 answers · asked by jennjenn 1 in Business & Finance ➔ Renting & Real Estate
There are some loans with lower interest rates sometimes available. The best deal though is HUD's "Good Neighbor Next Door" program. It's for teachers, police, firemen (fire-people?) and paramedics. Certain houses get put on the list (in Texas, about 7 houses per week - in the entire state). Interested, qualified buyers "put their name in the hat" and the winner gets the house for HALF PRICE. I've helped three teachers get these houses - happy day when your name gets drawn!
2007-08-14 08:50:41 · answer #1 · answered by teran_realtor 7 · 0⤊ 0⤋
It depends. If you have a teacher's credit union, you might get a better mortgage rate.
There are also a lot of programs designed for first time buyers (not just limited to teachers) and programs for those who make less than a certain salary (which, sadly, too teachers would qualify for).
2007-08-14 08:25:57 · answer #2 · answered by Bookworm 4 · 0⤊ 0⤋
Check hud.gov, There is a home loan program for a teachers first home. There may also be HUD homes specially for public employees, but those are bad neighborhoods.
2007-08-14 10:16:57 · answer #3 · answered by Landlord 7 · 0⤊ 0⤋
there are various shops that grant a instructor decrease cost (with instructor identity). i be attentive to that Barnes and Noble promises a 20% decrease cost on ingredients which would be used at school. additionally, lots of the workplace grant shops have decrease cost courses. so some distance as trip savings, etc. that relies upon on what union you're in.
2016-11-12 08:00:41 · answer #4 · answered by tito 4 · 0⤊ 0⤋
none
2007-08-14 08:25:55 · answer #5 · answered by no id 2 · 0⤊ 0⤋