Renting & Real Estate | first time home buyer

March 15, 2011

Am I eligible for the First Time Home buyer tax credit if I marry a home owner?

Filed under: Renting & Real Estate — Tags: 8k, Buying A Home, First Time Home, First Time Home Buyer, First Time Home Buyer Tax Credit, Time Home Buyer — admin @ 9:59 am

knoppolean asked:

I am planning on buying a home before I marry. My soon to be wife bought a home about 4 years ago. If I purchase and close on the house before marrying her, can I still claim the $8K?

Glenda

Comments (4)

March 11, 2011

Can a first time home buyer purchase a home with no money down?

Filed under: Renting & Real Estate — Tags: Buyer Purchase, First Time Home, First Time Home Buyer, Law School, Money Down, Plan House, Time Home Buyer — admin @ 9:53 am

shizzle asked:

I have one more year left in law school and then I plan on purchasing a house. After a I graduate, If I started off with the lowest possible income at 43,000 a year, could I purchase a modest sized home with no money down? Or would I have to wait until I saved up money for a down payment?

Edith

Comments (7)

February 23, 2011

With the 2009 first time home buyer credit are we eligible if bought from an estate?

Filed under: Renting & Real Estate — Tags: Buyer Credit, Family Member, First Time Home, First Time Home Buyer, Tax Credit, Time Home Buyer — admin @ 2:05 am

Getting Married 9-19-2009 asked:

We bought a home in October of 2009. My husbands father passed away so the home was in an estate. We purchased the home from the estate of his father. I know that we can not purchase a home from a family member directly but since this was from the estate are we still eligible for the tax credit?

Joseph

Comments (2)

February 18, 2011

Can you claim the first time home buyer tax credit if you owned a mobile home that was in a trailer park?

Filed under: Renting & Real Estate — Tags: First Time Home, First Time Home Buyer, First Time Home Buyer Tax Credit, Homestead, Mobile Home, Mortgage, Time Home Buyer, Trailer Park — admin @ 6:34 am

MelC asked:

I had a mobile home that cost about $5000 in a trailer park which I still had to pay rent on. Since it wasn’t really a homestead, can I still claim the tax credit when I purchase an actual home? I hadn’t taken a mortgage or anything out for the trailer.

Heather

Comments (5)

February 12, 2011

Do you have to put a ” DOWN PAYMENT” if your a first time home buyer?

Filed under: Renting & Real Estate — Tags: Bad Credit, Brother, Dad, Dallas Texas, Dog Breeding, First Home Buyers, First Time Home, First Time Home Buyer, House In Dallas, Reptiles, Time Home Buyer — admin @ 1:23 pm

ReptiGuy asked:

Im 18 I started a dog breeding Business when I was 15 and i now make 80,000 a year my younger brother is moving in with me too and he makes 20,000 a year with reptiles. My dad said first home buyers have no bad credit so down payment isn’t necessary? Were looking at a house in DAllas Texas for $225,000

Jamie

Comments (3)

First time home buyer tax credit?

Filed under: Renting & Real Estate — Tags: Brother, Co Signer, First Time Home, First Time Home Buyer, First Time Home Buyer Tax Credit, Mom, Tho, Time Home Buyer — admin @ 12:31 am

show all 32′s asked:

Ok, my Mom is a first time home buyer… She just purchase a home this month 2/2010, but my brother was a co-signer, my question is, is she still in titled to the 8000 credit even tho my brother owns a home already?

Raymond