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Buy a House in California with the Dream For All Program

Your dream of having your own home in California comes true with the Dream For All program.🌟🏡

✰ The opportunity to get up to $150,000 for the purchase of your home is here. The lottery for the program opens in April. Get ready to take the big step.

✰ How does it work?

➤ Maximum Benefit: Up to $150,000 to facilitate your purchase.

➤ Practical Example: Buy a house for $750,000 without prior savings.

➤ Government as a partner: Covers the 20% entry. Zero savings needed on your part!

➤ Shared future: When you sell, you return the loan and the 20% of the equity gained. For example, if you sell to $1M, with an equity gain of $250,000, you would return $50,000 as a thank you for the support received.

Here is the information provided by CalFHA:

https://www.calhfa.ca.gov/homeownership/programs/loans-cadfa.pdf

Clarification on Eligibility in the MIPA Program

Recently, I have received a few questions from clients interested in participating in the MIPA/Dream For All Program about how their immigration status could affect their eligibility.

Regarding the legal status in which you find yourself, quote the following: “be either a citizen or other National of the United States, or a “Qualified Alien” as defined at 8 USC § 1641.”

About who is considered a “Qualified alien”, I leave you information, since it depends on your immigration status:

https://sgp.fas.org/crs/misc/R46462.pdf

To provide you with a clear and precise answer, I have attached a document in PDF format that details the eligibility requirements of the MIPA program and how these may apply according to different immigration situations.
Please check the attached document for more information. This document has been prepared in collaboration with immigration law experts and has been reviewed by the relevant authorities to ensure its accuracy. Here my source:

 

If after reviewing the document you have any additional questions or need clarification about your specific situation, please do not hesitate to contact me. I am here to help you and make sure you have all the information you need to make informed decisions about your participation in the MIPA Program.

✰ Maximize your opportunity

Meet with me and our financing expert to design the perfect plan. Together, we will explore how this program can be your springboard to the home of your dreams, tailored to your needs and long-term goals.

✰Ready for the next step?

Don't miss this unique opportunity! Schedule an appointment with us and discover how Dream For All can make your dream of homeownership come true, without the need for prior savings.

Send me an email to info@albermoya.com to schedule your personalized meeting! Together, we will make your dream of having a home in California come true.

Legal and Tax Disclaimer

Please be advised that the content presented in this blog is for informational purposes only and should not be construed as legal or tax advice. The articles and information provided here are written from the perspective of a real estate agent affiliated with Keller Williams, and do not represent legal or tax counsel.

As the author, I am a licensed real estate professional under Keller Williams, holding Brokerage DRE License Number: #02197031. However, it is important to note that my expertise is in the field of real estate, and not in legal or tax matters. The insights and opinions shared on this blog are based on my experiences and knowledge in the real estate industry and should be treated as general guidance rather than definitive legal or tax advice.

For specific legal or tax concerns relating to any real estate transactions or investments, readers are strongly encouraged to consult with a qualified attorney or tax advisor who can provide tailored advice based on your individual circumstances and the latest legal and regulatory requirements.

The information on this blog is provided "as is" without warranty of any kind, and I, along with Keller Williams and its affiliates, disclaim all liability for any loss, damage, or misunderstanding arising from reliance on the information contained herein.

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