Shelly C asked:


I’m prepping to buy my first home but have not found a mortgage agent yet. Is there any advice on government programs for first time buyers? I’m looking for the best advice to save money on a mortgage. Does anyone have any advice on how to buy smart when dealing with real estate agents? Any tricks on how to deal with them. I really want to avoid getting taken of advantage of. Your advice is really appreciated! Thanks!

Sheila

dtrizzle asked:


My tax guy asked if I wanted to get the $8000 tax credit for first time home buyers. What if I don’t buy a house?
He said that I would just repay the $8000 at a rate of 500 a year starting with 2010’s taxes

Yvonne

di_cassano asked:


I bought a home 2 years ago, the home owner is myself only. If my wife buys a $200,000 worth of home in February, will she be able to claim the $8,000 tax credit as a first time home buyer? Thanks.

Margaret

Jason B asked:


My fiance and I are buying at home and both qualify for the first time home buyer credit. I’m assuming that we both can’t claim the $8,000, so does one of us claim it, or can it be split up 50/50 (mirroring our ownership of the house)?
Moreover, I have a question as to how unmarried co-borrowers claim tax deductibles items on a home they own as joint tenants?

Alice

mbreasia asked:


I am looking to purchase a home in the next few months. Does anybody know of any first time home buyer programs, that offer grants?
I live philadelphia county, and that is where I will be looking.

Ruby

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.

Thanks

Beth

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, 2009 and i have to get my credit score up from 554 which is really bad.

Jonathan

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

chicky asked:


I’m closing on my first house next week and i understand that the tax credit for first time home buyers has changed from $7500 to $8000. Can i receive that money on this years taxes or must i wait till next years filing?

Thanks and wish me luck!

Jessie

sle7787 asked:


I would like to know if you are a first time home buyer and you are going to use HUD’s $100 down payment promotion, can the first time home buyer tax credit be used towards the closing cost?
Please make your answer in simplest terms because I do not understand real estate or mortgage lingo that well.

Lewis