Zillow Advice: Buying Process - Are there any programs to assist with 2nd-time home buying? http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ Zillow Advice | Zillow Real Estate All solid advise, I'd also ... http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ All solid advise, I'd also add,&nbsp; you may want to talk with a local lender as to make sure should you move forward with a contract the terms are clear as to what you need. Fri, 25 Oct 2013 03:23:00 GMT http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ 2013-10-25T03:23:00Z What state do you live in?&nbsp;Are ... http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ What state do you live in?&nbsp;Are you a veteran?&nbsp;In our market (Nashville, TN)&nbsp;there is a down-payment assistance product that is available for those with low to moderate income that isn't limited to first time homebuyers. In addition we obtain funds from the Federal Home Loan Bank of Cinicinnati (Welcome&nbsp;Home Funds)&nbsp;(annually) to distribute as grants to households at 80% AMI and it also not limited to first time home-buyers.<br/><br/>If you wait until you have rented out your home for 3 years you would also be eligible for many state housing finance agency(HFA) -down payment assistance programs.&nbsp;The&nbsp;state HFA's may also provide an exemption for the first-time homebuyer requirement for targeted Counties and/or census tracts. Tue, 22 Oct 2013 19:47:00 GMT http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ 2013-10-22T19:47:00Z This may be difficult to ... http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ This may be difficult to achieve since you technically are a home owner. I would take the other's advice and see if you can have the seller cover some costs. I hope this helps and good luck! Tue, 22 Oct 2013 18:16:00 GMT http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ 2013-10-22T18:16:00Z thanks for you advice!couple ... http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ thanks for you advice!<br/>couple more questions.....<br/>i'm in the beginning stages.&nbsp; i'm need to finalize some personal finances before I can seriously make an offer on anything.&nbsp; i was told to save 3.5% of the purchase price and at least 2 months of mortgage on the 1st home.&nbsp; will i need any more monies?&nbsp; does this include closing cost?&nbsp; <br/><br/>I'm looking at a max purchase of $180k purchase.&nbsp; so should I be looking at listings for 180k, with the assumption of getting lower asking price or looking for lower priced listings?&nbsp; <br/>listings for 180k will give me a home that i won't need to update or put money into right away. <br/><br/> Tue, 22 Oct 2013 17:49:00 GMT http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ 2013-10-22T17:49:00Z Your best option isi to have ... http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ Your best option isi to have seller pay closing costs, but most programs for down payment require you to be a first time buyer, or not having ownership in the past three years! Tue, 22 Oct 2013 17:45:00 GMT http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ 2013-10-22T17:45:00Z You can always ask the sellers ... http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ You can always ask the sellers to pay some of your closing costs. They will look at it like a reduction in the offered price, but if you offer a fair price they might pay some for you. Get your Realtor to advise you. Since a Realtor is FREE to you as a buyer I hope you are using one to help guide you.<br/><br/>tim Tue, 22 Oct 2013 16:42:00 GMT http://www.zillow.com/advice-thread/Are-there-any-programs-to-assist-with-2nd-time-home-buying/516250/ 2013-10-22T16:42:00Z