Thursday, August 20, 2009

Free Grant Money is Out There



We are all aware that the economy is in the toilet right now. People are losing their jobs and their homes, however, through all of this darkness, there is some light.

While trying to spur the economy, the government has set aside more than usual amounts of money for grant programs and stimulus plans. Many of this free government cash can be found if you do some digging and know where to look.

For example, did you know that the president awarded stimulus money to certain states for distribution throughout their counties...mostly the ones with the largest amount of foreclosure homes. So, what is happening with this stimulus money? It is being used as free money for those who qualify to buy homes in foreclosure. If you fall within the guidelines of the program, you can receive $50,000 "loan" at 0% interest that gets forgiven as long as you live in the home throughout the affordability period. This money is to be used for everything from a down payment to renovations. This type of free government money is a God send for anyone wanting to own their own home. With the market being down and this cash to be applied to an already discounted foreclosure home, a person can get a killer deal.

This money is available all throughout the US. Find out if your state is involved and get some free government money.