Tony and Suzanne Marriott's Phoenix Arizona Real Estate Blog

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Sources of Down Payment

One of the most appreciated services offered by buyer agents is helping buyers find the source of the down payment to buy their new home, especially when they thought they couldn t afford it. Below, you will find a partial list of some potential sources for a down payment.

  1. Equity in your current home
  2. Cash value life insurance
  3. Gift from relatives
  4. Equity in a car or other asset
  5. Year-end bonus
  6. Currently in the Phoenix area, Builder Incentives often cover down payment and monthly payments for up to the first 12 months!

There are other sources besides the ones listed. If you are unsure about the practicality of any of these, please consult your financial planner or tax advisor.

 

 

About the Authors - Updated 2018

If you are considering a Traditional or Short Sale of your home in Phoenix, Scottsdale or any location in Maricopa County Arizona, you owe it to yourself to talk with the BVO Luxury Group @ Keller Williams Arizona Realty to determine whether Tony and Suzanne Marriott are the best real estate Brokers in the Phoenix and Scottsdale metropolitan area to help you with the Successful Sale of your home.

Tony and Suzanne have personally Listed, Sold and Closed more than a hundred Short Sales with the highest list to close rate in the Phoenix Metro Area!

Tony Marriott - Chief Operating Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Suzanne Marriott - Chief Learning Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Associate Brokers, REALTORS
BVO Luxury Group
Keller Williams Arizona Realty

Comments

Great information Tony! Those builder incentives are a huge souce for first time buyers. What a change from two years ago.
Posted by Tracy Thompson (Rite-Way Realty) over 12 years ago
Builder incentives are still going as strong, if not stronger, in a desperate effort by the builders to get homes off their books by 12/31/06.
Posted by Suzanne Marriott, Associate Broker, CLHMS, e-PRO (Keller Williams Arizona Realty) over 12 years ago

Tracy Thompson I was remiss in the early days - just now catching up with comments from blog posts since day 1 - thanks for the comment - hope you are still in the 'Rain! This topic is still as relevant today as 9 years ago!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) over 3 years ago

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