The Neighbors Of Watertown First Time Homebuyer Program provides financial assistance to families buying a home in Watertown, NY. The home must be in the City of Watertown and must be in substantially move-in condition. Neighbors uses several Local, Regional, State and Federal sources to fund this program. Rules, guidelines, eligibility, and grant amounts vary between sources.
The Neighbors First Time Homebuyer Program Helps with:
Down-payment
Mortgage buy-down
The Neighbors First Time Homebuyer Program can also cover:
Home Inspection
Eligibile improvements
In certain cases, even moderate rehabilitation
First Time Home Buyer grants awarded in the City of Watertown as of February 28, 2005:
Number of Homebuyers Assisted .....................................................113
Grant Funds Distributed .................................................$2,188,119.00