first time home buyer – owner loan

blog for first time home buyers

Which is a better way to finance a home as a first time buyer with poor credit?

Krme asked: I am a first time home buyer with poor credit. I would not get approved on my own. A friend has offered to either buy the home and I do a rent to buy contract with them or we could be co- owners. If we are co-owners would they base [...]

Posted April 30th, 2009 in Renting & Real Estate | 1 Comment »

Pay That Deposit for First Time Home Buyers

Robert Friend asked: Reaching the so-called American ambition of riches is aspired by almost everyone, but it is getting more challenging to achieve. There are numerous households in the US, and the number is rising every day. With the purchase of a first home, it is a challenge how you can manage with the expenses [...]

Posted April 30th, 2009 in Real Estate | No Comments »

What are some good tips/advice for a first time home buyer?

Sezro asked: I would like to know of any government grants, types of loans, and questions I should ask or be looking for a first time home buyer. Please help looking to purchase in 2 months.Katherine

Posted April 30th, 2009 in Renting & Real Estate | 3 Comments »

The Federal Government’s First Time Home Buyer Stimulus Package

Bryan Hendersen asked: ver been tougher to own a home than in this economy, but the Federal Government is working to help first time home buyers. Offering new programs to and incentives to help you make your dream a reality.The program is to get people to apply for home loans on pre owned homes or [...]

Posted April 29th, 2009 in Finance | No Comments »

Am I elligable for the First Time Home Buyer tax credit if I buy a 3 flat and live in 1 unit & rent the others?

stevecat asked: I was wondering if I am elligable for the first time home buyer’s tax credit if I buy a multi-unit building (2 or 3 flat) and live in one unit while renting the other units out. It would still be the first real estate I’ve purchased.Micheal

Posted April 28th, 2009 in Renting & Real Estate | 2 Comments »

Who has received first time home buyer check?

missthangythang2003 asked: For those of you who have finally received there first time home buyer check…How long did it finally take you to get it? And which location was your amendment sent to, and also how much interest was added if any? .And yes I do know there now saying up to 16 weeks for [...]

Posted April 28th, 2009 in Renting & Real Estate | 2 Comments »

Common Mistakes of First Time Home Buyers

Stephanie Larkin asked: Buying your first home is exciting. No more rental payments to a landlord making money for someone else. Instead, you are purchasing your own home and investing in yourself. Money paid to your home mortgage is really investing in your future. It is no wonder that first time home buyers are so [...]

Posted April 27th, 2009 in Home Security | No Comments »

Facts for First-Time Home Buyers: Calculating the Risks

Marikor Hidalgo asked: If there’s something you should never gamble your chances on, it’s the prospect of buying a house.  It’s so easy to go rushing off in search of  dream houses you would like to buy, set your heart on a select few, and then end up crossing them out of your list, simply [...]

Posted April 27th, 2009 in Real Estate | No Comments »

First-Time Home Buyer Tax Credit

The Realtor asked: You’ve decided to purchase a home and take advantage of the 2009 First-Time Home Buyer Tax Credit. Here’s what you have to do to get your benefit: Close on your home purchase by November 6, 2009. (If you closed on your home on or after November 7, 2009, please see: How to [...]

Posted April 27th, 2009 in Economics | No Comments »

Qualify for the First-Time Home Buyer Stimulus

Roby Pagong asked: First time home buyers can now enjoy tax credit. The government is currently offering this. The home buyer can enjoy as much as $8,000 tax credit. However, not everyone is qualified. If you have purchased a property this year, verify if you qualify for the said program. If you want to find [...]

Posted April 25th, 2009 in Real Estate | No Comments »