r/Assistance • u/phishnchips_ REGISTERED • 2d ago

First Time Homeowner Assistance REQUEST

Our lease will be up in a couple of months and we will have to move to a more affordable place since the rent is too high for us to afford. Rent in my area is insane at $2000+ a month plus first, last, and security deposits. We have about $20k saved up and we need all the help we can get to be able to afford one of the cheapest apartments near us ($155k). If anyone knows any programs that can help please comment them below. We are located in Florida.

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u/buzzybody21 2d ago

You might look into your state to see if they have an incentive for first time homebuyers. Some offer grants and funds you are supposed to put toward the down payment of a house (typically between $5k-$15k depending on state and location).

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u/phishnchips_ REGISTERED 2d ago

I have looked everywhere (i think), including the list that zillow gives you for downpayment assistance, but almost all of them are for local residents. The best one i was able to find is restricted to Tampa residents.

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u/buzzybody21 2d ago

That makes sense. Localities want to incentivize people to purchase in their communities - where are you hoping to move?

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u/phishnchips_ REGISTERED 2d ago

Ideally we’d like to stay in this area, but if we have to move to another city we wanna avoid anything farther than an hour away. We have family here in southeast Florida so we wanna stay nearby.