AREA REALTORS' FAIR CATERS TO FIRST-TIME HOME BUYERS.Byline: Enrique Rivero Daily News Staff Writer The 1998 Homebuyers Fair, where first-time home buyers could become eligible for one of 12 available $2,000 matching grants matching grant Academia Non-peer-reviewed funding in which a commercial enterprise, foundation, or philanthropy, federal government, contributes a sum of money that 'matches' a financial contribution made by an institution, university or hospital. , will be held Saturday at the headquarters of the Southland Regional Association of Realtors Inc. The fair includes workshops, exhibits and other activities aimed predominantly at first-time buyers. Others are also welcome to attend, association spokeswoman Millie Jones said. Eleven grants are from the association's foundation and one is from Downey Savings. The grants are intended to help cover down payments or closing costs Closing Costs The numerous expenses (over and above the price of the property) that buyers and sellers normally incur to complete a real estate transaction. Costs incurred include loan origination fee, discount points, appraisal fee, title search, title insurance, survey, taxes, . To be eligible for the grants, applicants must attend four free home buyers' workshops; be first-time buyers or have not owned real estate the past three years; occupy the property, which must be in the San Fernando San Fernando, city, Argentina San Fernando (săn fərnăn`dō), city (1991 pop. 144,761), Buenos Aires prov., E Argentina. It is a district administrative center in the Greater Buenos Aires area. or Santa Clarita Valley The Santa Clarita Valley is the valley of the Santa Clara River in Southern California. It stretches through Los Angeles County and Ventura County. Its main population center is the city of Santa Clarita. The valley was part of the 48,612-acre (19,672. ; and have annual household income of no more than $59,760. The fair is co-sponsored by the Daily News and Fannie Mae Fannie Mae: see Federal National Mortgage Association. . The fair runs from 9 a.m. to 2 p.m. in the association parking lot at 7232 Balboa Blvd. To register or for information, call (818) 786-2110, Ext. 601. Walk-in registration also will be accepted. |
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