first time home buyer – owner loan

Adam Hefner asked: During much of America’s history only the wealthy could afford home ownership. It was always referred to as the “American dream”. Today it has more transitioned from a dream or fantasy to an expectation. Home ownership is viewed by many as a given part of American life. What caused this evolution? It [...]

Maria Gallercia asked: I want to know about the first time home buyer grant assistance program where the federal government finance the down payment. Thank you in advance.Lester

Personalqs87 asked: I am looking at a house for $100,000 and I was wondering if anyone that has just recently gone through something similar could let me know what kind of rate and length of a loan I might be able to get. Also what is different from a first time home buyer and [...]

Marlon Baugh asked: Have you ever heard of the Housing and Recovery Act of 2008?  Well today we are going to focus on one of the benefits, the $7500 First Time Home Buyer IRS Tax Credit.Even with interest rates at historical lows and with a wide selection of discounted homes on the market, people still [...]

Lorna Mclaren asked: FHA first time home buyer home loans are exactly what the Federal Housing Association was initially created for. If you are a first time home buyer looking for a home buyer loan then the FHA may offer the ideal solution to your requirements.Any first time home buyers find that the deposit is [...]

Dave asked: i live in minneapolis area, are cities still doing down payment assistance for first time home buyers. If so whats the best way to find out.Mildred

Lee Keadle asked: Many buyers have been asking about the tax credit for home buyers coming up this tax year.  Although this topic has gotten a lot of coverage in the news, people have gotten really confused about what it is.  So, I wanted to clarify some of the misconceptions I’ve noticed when talking to [...]

quillera asked: my best friend bought her home back in 2006 but this year on may of 2009 she added me to the deed since I’ve been the one living in the house since 2006 and paying for the mortgage…i already filed my 2008 return but wondering if i need to do an amendment return [...]

Miss L asked: …If I am living in one state and plan on purchasing in another. (I live in Florida and I would like to purchase-soon- in North Carolina but I will not be relocating this year so Im still a Fla resident).
Can someone explain the specifics of the first time home buyer program as [...]

Josh C asked: What all do I need to include on the 1040X to get my $8k credit as a first time home buyer?
Is there someone I can call for help. Just want to make sure it’s filled out properly…Thanks!Lois