first time home buyer – owner loan

blog for first time home buyers

What kind of benefits can a first time home buyer receive?

4 Time Champ asked: Especially the way the economy is. I know the prices are down, but is there special programs available to 1st time home buyers?
I live in Texas if that matters.
ThanksBeth

Posted January 26th, 2010 in Renting & Real Estate | 2 Comments »

Why Did The Democrats Today Oppose Extension On 8k First Time Home Buyer Tax Credit?

Marxist Radicals R Destroyers asked: The republicans pushed for it, but majority democrats – did not.
They wanted to extend unemployment benifits another 6 weeks- but not the home buyer tax credit? Why do you think that is? Don’t they want the banks to be saved?Thelma

Posted January 21st, 2010 in Politics | 4 Comments »

First time home buyer tax credit and Owner Financing?

~~LaLaLa~~~ asked: We are buying a home for the first time but we are owner financing it. This home is his grandmother’s home and we are actively in the process of setting up the owner financing with her and the bank. Since we aren’t borrowing money from the bank but paying to his grandmother and [...]

Posted January 18th, 2010 in Credit | 1 Comment »

Obama’s First Time Home Buyer Stimulus

Suzan Smith asked: Obama’s first time home buyer stimulus is for those people who had postponed buying a house due to the sudden outbreak of recession in late months of 2008. The US President Barack Obama and his team of administrators have planned and signed 2009 economic stimulus package and there are many sections and [...]

Posted January 18th, 2010 in Mortgage | No Comments »

Obama’s First Time Home Buyer Stimulus – Lucky Break For First Time Buyers

Suzan Smith asked: The economy is terrible; the housing market as well. Foreclosures are at an all-time high and the market value of most homes has dropped to the point many homeowners do not even have equity any more. It is a very difficult time to sell a house.But, it is a GREAT time to [...]

Posted January 13th, 2010 in Mortgage | No Comments »

can i buy a home with the credit score of 554 with the first time home buyer grant before Dec. 1, 2009?

Goldengirl37 asked: im attending the first time home buyer classes and i have already attended the first class, now i have to go back for a one on one counsel at the end of the month. but i affaid that i wouldnt have enough time to buy a home before the deadline december 1, [...]

Posted January 10th, 2010 in Renting & Real Estate | 4 Comments »

First Time Home buyer. Can someone tell me how much down I would need for a $175,000 in CA?

tonyscourtside22 asked: Hi. I’m a first time home buyer in Monterey County of Ca. I’m trying to figure out how much I would need to put down on $175,000 home in my area. I would greatly appreciate any insight or tips on buying my first home as well. Thanks a bunch.Darryl

Posted January 6th, 2010 in Renting & Real Estate | 3 Comments »

3 Ways your First Time Home Buyer can come up with the Down Payment

Heather Dunlop asked: I love the house, but I don’t have a down payment” How many times have you thought that?  Many buyers are looking at houses and they think they don’t have a down payment.  Don’t walk away from the house.  There are ways you can come up with the down payment.  Here are 3 ways [...]

Posted January 4th, 2010 in Real Estate | No Comments »

First Time Home Buyer Credit Extended Until April 30th, 2010

Safiur Rahman asked: If you are looking to buy your first home, this could very well be the best time to do it.  If you’ve been keeping up with the news, it is likely that you are familiar with President Obama’s economic stimulus package aimed at boosting ailing housing market.  The first time home buyer [...]

Posted January 2nd, 2010 in Mortgage | No Comments »

Florida First Time Home Buyer FHA Loans, 97% down to 530 FICO

FHA home loan Lender asked: irst Time Home Buyer LoansEvery Florida home buyers should know the many advantages that come with an FHA mortgage loan. FHA loans were created during the great depression to help increase home ownership. For the Florida mortgage applicant the FHA program can simplify the purchase of a Florida home, making [...]

Posted January 1st, 2010 in Mortgage | No Comments »