As a Realtor, I have wondering why there are so many people who have taken a step back from the pursuit of buying a home!   Obviously, when the Homebuyers Tax Credit expired on June 30, 2010, most buyer thought that the door had closed on their ability to buy a home.   Not True!   I and other realtors are here to help anyone who has a desire to own a home of their own.

There are programs right now that offer -0- down, no PMI, and in some cases subsidize the buyers.  These loans have been around for a long time.  One of the loan programs is the Sec. 502 Direct loans through the USDA.  It was offered after the second world war and gave soldiers  an opportunity to own a home when they came home from overseas after the war ended!  It still is being used for buyers that have limited income.   They may have no credit or decent credit, a stable income, and qualification is based on the number of people in household, a minimum 640 credit score, and higher, low debt ratio's

These home need to be 50 miles from a major city(Detroit being the major city)   All of Livingston County qualifies, portions on the west side of Oakland ...