May 30, 2008

First Time Homebuyers Find Help in Ipswich

The Salem News has reported that the Ipswich Planning Board is offering cash incentives for first-time home buyers.

First-time buyers can get up to $10,000 to help with their purchase, provided:

  1. They make no more than $46,300 for a single person, $66,150 for a family of four
  2. The property is in Ipswich
  3. The purchase price is less than $250,000

The money can be applied to a down payment or to reduce the size of the mortgage.

Home buyers will need to act fast. This deal is only available through the end of June 2008.

For more information, click here or call the Ipswich Planning Department at 978-356-6607.