2009 tax credit: The First Time Home Buyers Guide to Buying Real Estate
- 07/13/09 04:52 AM
Decide you are ready to buy your first place. You are not behind on your bills, have some money saved, and have a steady job. You are ready to start investing in your future and maybe plant some roots. Remember: to qualify for the 2009 first time home buyer tax credit, you must keep your home for 3 years. Talk to a lender to make sure you qualify for a home loan. There are many places you can get a home loan. Call your bank or a mortgage broker. If one company turns you down, don't get discouraged. All lenders are … (1 comments)
2009 tax credit: The 2009 Tax Credit Bridge Loan
- 06/15/09 05:05 AM
The 2009 tax credit can be used to help pay closing costs on a home loan. This can be done by through a bridge loan that will be repaid either monthly or when you file your taxes. The bridge loan can help with closing costs up to 10% of the home sale price with a maximum of $8,000. The bridge loan cannot pay the FHA mandatory 3.5% down payment. The FHA mandatory 3.5% down payment must come from the buyer or it can be gift funds. A seller cannot pay the 3.5% FHA down payment. Lake Murray Real Estate Lexington SC … (0 comments)
2009 tax credit: Down Payment Assistance For First Time Home Buyers
- 05/14/09 05:22 AM
Down payment assistance is back! The Federal Housing Administration is going to permit home buyers to use the $8,000 tax credit as a downpayment. This is great news to the many first time home buyers who can't afford the 3.5% down payment required for a FHA loan. The Columbia SC Real Estate market offers homes for sale in all price ranges. This down payment assistance program will allow more buyers to take advantage of the inventory and low prices. This is great news!
Lexington SC Real Estate Columbia SC Real Estate … (2 comments)
Decide you are ready to buy your first place. You are not behind on your bills, have some money saved, and have a steady job. You are ready to start investing in your future and maybe plant some roots. Remember: to qualify for the 2009 first time home buyer tax credit, you must keep your home for 3 years. 
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