No catch, just fortunate timing and perhaps slightly higher taxes. Check my web site if you'd like to discuss financing. You should spend an hour or two with a real estate team -- loan originator and realtor. There are a lot of things that should be discussed with you to get you ready for this very exciting experience! Obviously I have an excellent realtor with whom I work. We closed on a purchase for a very nervous first time home buyer yesterday in Teaneck, 2 towns south of Dumont. Let's get together and talk!