Posts Tagged ‘first time home owners’

If I assume a mortgage will I still qualify for the 1st time home buyers credit?

Sunday, February 7th, 2010

My Landlord made me what seems to be the deal of a lifetime. They are willing to let me assume the mortgage on their house without having to pay them for the equity gained through their payments, which I am estimating is 5-10yrs of payments. I have been doing my research and I am aware I would have to assume the loan at their current interest rate, but two questions come to mind…If I assume the loan would I qualify for the first time home owners tax credit? and How soon can I refinance the assumed loan to a lower interest rate if at all?

Related ‘first time home owners’ sites :


First Time Home Buyer
First time home buyer resources: contact information for grants, low-interest loans, and many more first time home buyer programs.
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HUD: Buying a Home
Offers a guide to buying a home with a low downpayment. Also includes special government programs.
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Publication 530 (2009), Tax Information for Homeowners
Home | Change Text Size | Contact IRS | About IRS | Site Map | EspaƱol | Help ... Publication 530 (2009), Tax Information for Homeowners. For use in ...
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First time home buyer grant - Wikipedia, the free encyclopedia
A first time home buyer grant is a grant specifically for/targeted at those buying their ... 3500 will be given to home owners buying established homes.[3] ...
en.wikipedia.org/wiki/First_time_home_buyer_grant
 
How to Buy a First House: First-Time Homebuyer Guide
Buying a house is a complicated process, especially for first-time home buyers. This simple tutorial walks potential homeowners through the first steps of buying a house.
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First time home loans can be overwhelming for new home owners. The larger the down payment on a house however, the smaller the financial burden.
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First-Time Home Owners - Dallas Real Estate
If you are buying or selling a home, find an experienced Ebby Halliday... First-Time Home Owners. Buying your first home is a major decision. ...
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Federal Housing Tax Credit: Home
Learn more about the Federal Housing Tax Credits for home buyers. ... Frequently asked questions about the $8,000 first-time home buyer tax credit. ...
www.federalhousingtaxcredit.com
 
First Time Home Buyers Meetup Groups - First Time Home Buyers ...
Helps groups of people with shared interests plan meetings and form offline clubs in local communities around the world about First Time Home Buyers
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First Time Home Buyer Guide
Are you ready to become a first time home owner? We go over the first time home buyer tips to help you get started.
www.themoneyalert.com/firsttimehomebuyer.html
 

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