first time home buyer – owner loan

blog for first time home buyers

Can we still get the first time home buyer tax credit?

Crystal J asked: We bought our house on April 2, 2008. Is there any way that we can still get the 7500 dollar first time home buyer tax credit? The only information that I can find says that it has to purchased on or after April 9, 2008. Any help is greatly appreciated.Edwin

Posted May 30th, 2009 in United States | 3 Comments »

Barriers To First Time Home Buyers

Jennifer Stromsteen asked: First time home buyers are facing a number of barriers to becoming first time home owners today. Included in these barriers is the current market, the increasing cost of a down payment and a lack of confidence in today’s economy. These barriers are very real to everyone looking to buy homes; however, [...]

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

Tips for First-time Home Buyers

Lee Keadle asked: Buying a home for the first time can be a very overwhelming experience. After all, we were once first-time home buyers, and we remember buying our first home. Add our personal experiences to the experience we’ve had helping first-time buyers, and you’ve got quite a bit of useful information. So, we’ve made [...]

Posted May 23rd, 2009 in Real Estate | No Comments »

Am I considered a first time home buyer?

Mr. Falling asked: If someone put my name on the deed for their home within the past three years, and I’m looking to buy my own home for the first time, am I considered a first time home buyer?
I’m not on the loan.Minnie

Posted May 23rd, 2009 in Renting & Real Estate | 4 Comments »

I was needing help with a first time home buyer loan?

christin k asked: I was wondering if there is a way to get a first time home buyer loan that would let you get more than the loan to pay off some bills? I was hoping to pay off one credit card I had before we bought a house, but the only way to [...]

Posted May 18th, 2009 in Renting & Real Estate | 4 Comments »

First Time Home Buyer Tips

Ken Black asked: For the first time home buyer, buying your first home is one of the most exciting things you will ever do. If you have spent years living in apartments, there is nothing more satisfying than owning your own property. The process can be a little lengthy and you might hit a few [...]

Posted May 18th, 2009 in Advice | No Comments »

7 Common First Time Home Buyer Mistakes

anonymous asked: Not all that long ago I was a first time home buyer. Actually, it was a while ago, but that’s okay! I remember being very excited about owning my first home. I was also pretty naive and during the home buying process realized just how little I knew about real estate and how [...]

Posted May 17th, 2009 in Non Fiction | No Comments »

Almost Free Grants for First Time Home Buyers

Maria Mbura asked: Your dream of owning a home may soon come true if you are a first time home buyer.You can take advantage of the many government grants for first time home buyers that are available to assist low income and first time home buyers get their first home.These are specific government grants which [...]

Posted May 17th, 2009 in Mortgage | No Comments »

Failing Banks? What It Means For The First Time Home Buyer

Jennifer Stromsteen asked: It is the opinion of many people that the government, despite what the President may say, will in fact bail out mortgage high players Fannie Mae and Freddie Mac. For these companies to fold would be detrimental to the economy. But what exactly are Fannie Mae and Freddie Mac and what do [...]

Posted May 16th, 2009 in Real Estate | No Comments »

Home Buying Tips for the First Time Home Buyer

Jason Bacot asked: If you’re a first time home buyer and your wallet is not overflowing, the first thing you need to do is get yourself pre-approved by a lender. Assuming they decide you’re of good character and there’s a pretty good chance you’ll choose to pay their monthly stipend, they’ll tell you what the [...]

Posted May 15th, 2009 in Real Estate | No Comments »