The other people answering your question seem to be agents looking for your business - notice how none of them gave specific information. I spent several months looking for a house and investigating 1st time buyer programs and discovered that while there are programs available through the Feds or PA, Philadelphia residents are excluded from these programs. Instead there are city programs aimed at very low-income residents. As far as I could tell there are no programs available to hard-working middle-class 1st time buyers other than FHA loans. Anticipate closing costs of about 5%. - Thu Jan 24 2008, 15:39
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.