“A couple of different things happened for us to buy a home. Wife and I are both teachers, so not making the best of money, but not making the worst. Been working on building our credit and paying down all of our debts.
Florida has a program for first-time homebuyers who are teachers, firefighters, police officers, and nurses. The program has a ton of qualifications that have to be met… from credit, to not making too much money, to the price of the home. We were able to qualify for it. Our closing company actually said they haven’t seen someone qualify for it in years. So that helped.
Both of our parents gifted us money for our closing costs.
And finally, the seller was willing to work with us. They lowered their asking price enough so we could afford it.
Wife got a new job of being a school administrator right when we were buying.
Secured the loan the week that mortgage rates dipped into the low 6%, and the next week they went back up.
All of this almost didn’t happen because the day before we were supposed to close on everything, a hurricane came right through our county.
Needless to say… luck… lots and lots of luck made it possible to buy our home.”
—Anonymous, Florida
