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

2 Responses to “What kind of benefits can a first time home buyer receive?”

1. Noneya on January 27th, 2010 8:02 am

   Pedro

   Not only are prices down but so are interest rates. In addition there is the new tax credit of up to $8000.00 which does not have to be repaid.
   Is that what you are looking for?

2. lwp777 on January 29th, 2010 11:38 pm

   Kathleen

   The new $8000 tax credit is huge. That is a credit and not a deduction. As long as you haven’t purchased a home within the last 3 years, then you are eligible for the credit.

   Good luck with the purchase!

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