Real Estate Grants

What is a real estate grant? It's cash that individuals can obtain to purchase a new home, repair or update their existing home, or to help them pay down a mortgage. This is funding that is available regardless of income or credit.

Real estate grants are available through local and state government agencies as well as private foundation groups. They provide you with the cash you need, which in one way or another they benefit from as much as you do. Here's how...

Let's say you obtain a real estate grant to help you buy a new home. First time home buyers, for example, can receive as much as $20,000 in cash to be used for a down payment or closing costs. By obtaining these funds, it gives the individual the opportunity to buy a home when she may not otherwise be able to.

As a result of helping thousands of people in your community, the government helps move the needle in the real estate market by assisting with home sales. That means property values will rise, hundreds of construction workers keep their jobs as investors and home builders continue to have opportunity. In the end, the government imposes real estate taxes and makes the money back in the long run.

Similarly, with a home improvement grant, you can get the cash you need to upgrade, restore or expand your home. That increases home values for the entire neighborhood, which increases taxes and attracts a higher class of buyers. While real estate grants may be $20,000 in free money for you, it's just a drop in the bucket for the government who wins in the end.