A
female
age
51-59,
*edard
writes:I am single mother of 2 sons who was newly declared disabled. I've worked as an R.N. for 18 yrs until medical conditions prevent me from working. My ultimate dream is to own a small new home. Can anyone tell me of any programs the US govt. or any other private entity offers to help a full-time single, disabled mother obtain a home?
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female
reader, Tisha-1 +, writes (21 February 2009):
 Artistry has given you great advice. Here's another organization to explore: http://www.habitat.org/intl/na/218.aspx
Type in your zip code and that will lead you to the local affiliate.
You could also contact a mortgage loan officer for guidance as well, or a realtor.
For example, I looked at the Chase site and found a list of their programs for first-time home buyers about halfway down on this page:
http://mortgage.chase.com/pages/purchase/products_p_landing.jsp
There are many other mortgage companies and real estate companies; this was just done by a quick search. You should devote some time to determining which would make the best fit for you.
Good luck to you and your family!
A
female
reader, Artistry +, writes (21 February 2009):
 Hi there, Good luck to you. There may be some program for disabled people, but off the top of my head I can't give you any. You might want to contact the National Association for Disabled Persons for information. There will be new creidts in place now as a result of the stimulus package for first time home owners, which I am thinking that you are. That would be an eight thousand dollar credit to assist you in your purchase, I believe. Any bank should be able to give you information. You might also contact Fannie Mae, FNMA, they will have programs available to you as well. With the fall in housing prices, you should be able to find a very good bargain, take your time, and choose a good location, not one where there are too many empty homes, with property values continuing to drop. Get a buyers agent, someone who will work for you under contract, but the seller still pays the commission. Once you decide on a property, request a formal inspection of the property, paid for by the seller as well, and make sure the things that are listed are taken care of by the seller. If you have someone in your family or a friend, familiar with construction, have them go through the home with you and list what they think may be a problem, compare that with the formal inspection, and discuss those issues with the seller. Be sure you are not buying near a landfill or some sort of dumping place. Also you do not want to be near electrical towers. Do your research before making a decision and get an agent who is interested in finding a compatible home for you and your family, who has a history of selling homes with patience, and not just interested in the commission. Let him or her give you a reference from one or two, of their previous buyers, don't be afraid to ask. Have a mortgage person that you trust, pre-qualify you before you start looking, so that you will know how much home you are able to afford. I think the pre-qualifying document lasts for a year, find out the time frame as well. Having a lawyer represent you is not a bad idea at settlement, but if your real estate agent has been in the business for at least two years, they should be up to representing you at settlement adequately. Again take your time, save your money, and when you give a deposit on the your new home, request that they put your deposit into an interest bearing account, so that the money is not just sitting doing nothing. The interest and the deposit will be credited for you at settlement. I used to list and sell real estate, some time ago. Never offer full price, have your agent give you the selling prices of the homes in the area that you are purchasing, and compare them to the home you are interested in. Then make your offer accordingly.
Keep a folder on the properties that you are shown. Don't go through more than four homes at a time in any one day.
They will all run together in your mine if you look at too many in one day. I hope this helps you in your quest. Stay in touch, if there is anything else I can help you with, I will try my best. When you find the home that you really like, it will sell itself to you. Take care, and the best to you and your family.
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