first time home buyer – owner loan

blog for first time home buyers

Why does the first time home buyer credit start on April 8th?

Joseph P asked: According to the first time hope buyer credit info on publication 17 it states that you had to have purchased you home after April 8 2009. Whats the deal with that? Why April? Why not January 1, 2008? I bought my house on March 6th but could not move in Until April [...]

Posted March 31st, 2009 in Credit | 5 Comments »

First Time Home Buyer Programs

Jennifer Stromsteen asked: With the collapse of the Subprime mortgage market, the mortgage landscape has changed dramatically in recent months. Many of the more lenient mortgage programs have been discontinued. How will this effect the demand for first time home buyer loans?From approximately the year 2000 until the year 2004 interest rates were continually lowered, [...]

Posted March 31st, 2009 in Finance | No Comments »

Getting a First Time Home Buyer Mortgage

Kozsun Huseyin asked: Buying a first property can be one of the best choices you make or it soon can become a choice you wish you never made. However, with the right information, you can go on to get the dream home you always wanted.Buying a first property is not an easy choice to make. [...]

Posted March 29th, 2009 in Mortgage | No Comments »

Does anyone know if the first time home buyer program still exists? ?

sleepy asked: I want to buy a home in a few weeks and it’s my first home. I want to know if the first time home buyer program is still around. I heard they stopped providing the service because of the high number of foreclosures.Joel

Posted March 28th, 2009 in Renting & Real Estate | No Comments »

First Time Home Buyers Grant

Austin Warty asked: Wondering where to get your first time home buyers grant? This is money that as an American citizen you can claim in order to help you with the purchase of your new home. It doesn’t matter if you have good credit or bad credit, a high income or a low income. As [...]

Posted March 26th, 2009 in Real Estate | No Comments »

Fist Time Home Buyer Grants

Austin Warty asked: There’s billions of dollars in free grant money available, and first time home buyer grants can provide you with a way to finance your new home purchase. Once obtained, you will never have to pay this money back.Millions of dollars in free grant money is sent out every single day to Americans [...]

Posted March 26th, 2009 in Real Estate | No Comments »

Obama’s Federal Program Bringing Home Loans into Reach of First Time Home Buyers

Bryan Hendersen asked: weakness threatens the chances of many Americans to become homeowners and so threatens the nation’s ability to thrive as a nation. Keen to help, the federal government offers the First Time Home Buyer Stimulus Package. It targets first time buyers and those who have not owned a home in three or more [...]

Posted March 25th, 2009 in Finance | No Comments »

First Time Home Buyer: Get a Free Credit Report

Mike Trudeau asked: You’ve probably seen the many advertisements that promise, a free credit report. You may have asked yourself, how is it possible for all these companies to offer these attractive free services? The answer is, like a lot of things; there is a catch. The catch, of course, isn’t an obvious one, when [...]

Posted March 23rd, 2009 in Finance | No Comments »

President Obama’s Down Payment Assistance For First Time Home Buyers

Bryan Hendersen asked: st time home buyer grants from the government, future homeowners can get help to make the down payment on the home of their dreams. If the buyer is a tax-paying citizen of the United States, local government agencies will provide funding regardless of income or credit history.This could be as much as [...]

Posted March 23rd, 2009 in Finance | No Comments »

does buying a foreclosed home qualify you for the first time home buyer tax credit?

anonymous asked: I am considering buying a foreclosed home from a local sheriff’s auction. This would be my first time buying a home. I am wondering if the first time home buyers tax credit would still apply to me even though I am buying a foreclosed home. Thanks for any [...]

Posted March 23rd, 2009 in Renting & Real Estate | 2 Comments »