FREE! First Time Home Buyer Guide for Central Texas - Paragon Property Group

FREE! First Time Home Buyer Guide for Central Texas - Paragon Property Group

Thinking of buying your first home in Texas?

We have created a First Time Homebuyer Booklet, full of useful information about the home buying process.
Get yours FREE by completing a Contact form. Or, give us a call to get started on the process of buying a home in the Austin or Highland Lakes areas of Central Texas right away.
Buying your first home should be a fun and exciting experience. By reading this guide, you'll have the inside scoop on what you need to do to make buying your new home an easier and more enjoyable process. We talk about credit reports, getting pre-qualified with a lender, choosing a REALTOR, making an offer and closing on your new home.
Interest rates are at their lowest levels so your buying power is at the highest - you can afford more with a lower mortgage rate. So, don't wait, now may be the best time to buy a home in the Austin or Highland Lakes areas.
Did you know that rental rates are rising in Central Texas? It may be cheaper to own your own home than pay rent on an apartment.
Get your FREE First Time Homebuyer Guide Today!
Sue Ellett, Broker-Associate
USAA MoversAdvantage® Preferred Agent
Coldwell Banker United REALTORS®
Paragon Property Group Team
www.PPGTx.com
866-693-7741
Austin/Lake Travis & the Highland Lakes
Residential~Investment~Ranch~Commercial~Waterfront
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First Time Buyers - Use your IRA to Buy your Home in the Austin & Highland Lakes areas of the Central Texas Hill Country

Here is another option to think about to help you buy your first home. With interest rates this low, now is a great time to buy - there are many affordable homes & good deals right now in our Central Texas Hill Country. Start by being pre-qualified by one of our Lender-Partners.

Use funds from your IRA to buy a home if you are a first time buyer (including those who have never owned a home or those who haven't owned a home in two years). Use your funds penalty free. Use it in conjunction with your
$8,000 Tax Credit and you can even put the money back to replenish your IRA when you get your Refund Check from the IRS.

Did you know that you can use funds from your IRA to buy a home? The IRS allows first time home buyers (defined by them as anyone who has not owned a home in the last 2 years - so many more people can qualify for this option) to use up to $10,000 in IRA funds toward the purchase of your first home. If you're married, and you and your spouse are both first-time buyers, you each can pull from retirement accounts, giving you $20,000 in residential cash. This is penalty free!

Even more interesting, you can share your IRA funds with family members for their home purchase. The IRS says the first-time home buyer using your IRA funds for a down payment can be you, your spouse, one of your children, a grandchild or a parent.

But, don't take your money out too soon. You must use the IRA funds within 120 days of withdrawal to pay qualified acquisition costs. This includes the costs of buying, building or rebuilding a home, along with any usual settlement, financing or closing costs.

Contact us today to start your pre-approval process with one of our lender-partners. Find out if you qualify!

Sue Ellett, Broker-Associate
Paragon Property Group - Coldwell Banker United Realtors
Texas Affordable Housing Specialist
512-422-7182
suemellett@yahoo.com